Morning Highlights
Our Focus For Today Is on Commodity Sector and Selected Property Stocks.
Singapore stocks started firm today, following US overnight gains. STI opens up at 2784.21 and is now retesting resistance at 2803.51. We advise to trade with cautious.
UOL broke high of 3.72, to wait for setups.
Updates On Dubai:
Dubai World began talks with banks to restructure US$26 billion of debt, including US$3.5 billion owed by property unit Nakheel and said that the remainder of its liabilities are on ‘a stable financial footing’
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 | KLAN | Keppel Land | 3.22 | 3.08 | 3.36 | Overnight – Current Price at 3.25 (Small Risk) |
| 2 | NOBG | Noble Group | 3.11 | 2.97 | 3.25 | |
| 3 | CMAL.SI | CapitaMall Asia | 2.40 | 2.24 | 2.56 | |
| 4 | EZRA | EZRA Holdings | 2.20 | 2.14 | 2.26 | |
| 5 | UTOS | UOL Group | 3.79 | 371 | 3.87 | |
| 6 | IFAR | Indofood Agri | 2.08 | 1.99 | 2.17 |
Stock Prices last updated at 9.26 (Singapore Time)
