Morning Highlights

Singapore shares started slightly higher following gains by their U.S. counterpart in New York on Friday on renewed expectations from the Federal Reserve that more money would be pumped into markets. STI up 11.33 points to open at 3164.67.

  • Biosensor broke high of 1.05

Please note that Japan Stock market is closed for holiday today!

Watch Out For Economic News Today

  1. China September Property Prices
Corporate Announcements
  1. Keppel Land’s Alpha Macro Trends Fund invests in prime Grade A office in Korea worth US$120 million.
  2. Keppel said that it delivered P-57 Floating Production Storage and Offloading (FPSO) vessel to SBM Offshore N.V.

News Updates:

  1. U.S. stocks advanced last week, sending the Dow Jones Industrial Average above 11,000 for the first time since before the May 6 crash, on speculation the Federal Reserve will buy more debt to boost the economy.
  2. Gold climbed for the fourth straight week, while copper rose to a 27-month high.

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)

 

Symbol

Name

Entry

SL

TSL

TP

Remarks
1 BANY Banyan Tree Holdings 0.975 0.875 1.08  
2 HKLD Hong Kong Land 6.76 6.32 7.20
3 KPLM Keppel Corp 9.64 9.36 9.92  
4 SCNM Sembcorp Marine 4.39 4.11 4.67
5 SCIL Sembcorp Industries 4.81 4.55 5.07
6 NEPS Neptune Orient Lines Ltd 2.13 2.02 2.24
7 GPAK Goodpack Ltd 2.06 1.92 2.20
8 SPGP Super Group Ltd 1.29 1.18 1.40  

Stock Prices last updated at 9:00 (Singapore Time)

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