Morning Highlights
The Banks are weak.
Our Focus for Today is on Property & Commodity Sector.
Quick Picks: Here is a quick pick screen that we have designed to pick out potential stocks, both Bullish and Bearish. These are measured with emphasis on larger changes in price and volume.
Bullish Stocks (Singapore)
|
Name |
Entry |
SL |
TSL |
TP |
Remarks |
|
1 |
WLIL |
Wilmar International Ltd |
5.83 |
5.63 |
5.86 |
6.03 |
Overnight – Current Price at 6.23 |
2 |
HKLD |
Hongkong Land Holdings Ltd |
4.00 |
3.84 |
|
4.16 |
Triggered – Current Price at 4.08 |
3 |
CTDM |
City DevelopmentLtd |
10.12 |
9.81 |
9.93 |
10.43 |
Overnight – Current Price at 10.28 |
4 |
SCMN |
Sembcorp Marine Ltd |
3.15 |
2.97 |
|
3.33 |
Triggered – Current Price at 3.18 |
5 |
NEPS |
Neptune Orient Lines Ltd |
1.73 |
1.62 |
|
1.84 |
Triggered – Current Price at 1.76 |
6 |
SCIL |
Sembcorp Industries Ltd |
3.30 |
3.14 |
|
3.46 |
Triggered – Current Price at 3.31 |
7 |
DBSM |
DBS Group Holdings |
13.98 |
13.6 |
|
14.36 |
|
8 |
AGRN |
Allgreen Properties Ltd |
1.28 |
1.17 |
|
1.39 |
|
9 |
HBEE |
Ho Bee Investment Ltd |
1.16 |
1.04 |
|
1.28 |
|
10 |
YNLG |
Yanlord Land Group Ltd |
2.78 |
2.62 |
|
2.94 |
|
Stock Prices last updated at 17:06 (Singapore Time)
In Summary
Bullish Sentiment is rising. Nonetheless, we see a resistance at 2696.35. Avoid entering positions when index approaches near the resistance.