Morning Highlights

Singapore Shares supported by Wall Street overnight gains edge up, with STI up 12.79 points to open at 3248.56.

  • Olam broke 3.24

Watch out for Economic News Today:

  • Singapore Electronics Sector Index (Dec)

News Updates:

  1. U.S December ISM Manufacturing rose to 57 from 56.6 in November. Construction spending increased 0.4% in November, Commerce Department figures showed today

Corporate Announcements:

  1. OCBC announced the completion of the merger of PT Bank OCBC Indonesia and PT Bank OCBC NISP TBK.

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.

Our Mid Terms Holdings : Bullish Stocks (Singapore)

 

Symbol

Name

Entry

SL

TSL

TP

Remarks
1 KPLD Keppel Land 4.19 3.95 Overnight, Current Price at 4.82
(Entered 12.10.10)
2 IFAR Indofood Agri Resources 2.70 2.23   Overnight, Current Price at 2.90
(Entered 25.10.10)
3 STRL Straits Asia Resources 2.68 2.17   Overnight, Current Price at 2.66 
(Entered 30.11.10)
4 SCMN Sembcorp Marine 5.19 4.49   Overnight, Current Price at 5.35
(Entered 29.12.10)

Stock Prices last updated at 10:54 (Singapore Time)

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