Morning Highlights
Our Focus For Today Is On Property, Oil & Gas, Technology and Commodity Sector
Singapore Shares opened higher with the STI up 11.35 points to 2924.60.
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Wilmar broke high of 7
Singapore News Updates:
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Singapore’s official foreign reserves stood at US$ 187.81 billion in December, down from US$188.90 billion in the previous month, said by MAS on Thursday. A year ago, the foreign reserves were US$174.19 billion.
News Updates:
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U.S. Initial Jobless Claims edge up 1000 to 434,000.
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The American Bankers Association said on Thursday Consumer Loan Delinquencies dropped in seven categories in the third quarter, including bank card delinquencies, which fell 0.24 percentage point to 4.77% of all accounts.
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Bank of England maintains Key Interest Rate of 0.5% and also the size of its quantitative easing measures at GBP 200 billion.
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 | SCNB | Sembcorp Marine | 3.92 | 3.68 | 4.16 | |
| 2 | UTOS | UOL Group | 4.21 | 4.07 | 4.35 | |
| 3 | KLAN | Keppel Land | 3.79 | 3.56 | 4.02 | |
| 4 | HPPS | Hotel Properties | 2.51 | 2.35 | 2.67 | |
| 5 | UTES | United Engineers | 2.10 | 1.98 | 2.22 | |
| 6 | WTH | Wing Tai Holdings | 2.06 | 1.96 | 2.16 | |
| 7 | BIOS | Biosensors International | 0.85 | 0.785 | 0.915 | |
| 8 | SWBR | Swiber Holdings | 1.18 | 1.10 | 1.26 | |
| 9 | CY6U | Ascendas India Trust | 1.03 | 0.96 | 1.11 | |
| 10 | STTS | Stats ChipPac | 1.16 | 1.03 | 1.29 | Overnight, Current Price at 1.19 (Small Risk) |
Here’s Our Mid Term Holding Opportunities:
|
Symbol |
Name |
Entry |
SL |
TSL |
TP |
Remarks |
|
| 1 | OCBC | Overseas Chinese Banking Corp | 8.83 | 8.15 | 8.55 | 9.51 | Overnight, Current Price at 8.96 |
| 2 | KLAN | Keppel Land | 3.38 | 3.14 | 3.62 | Overnight, Current Price at 3.72 | |
| 3 | UTOS | UOL Group | 4.06 | 3.20 | 3.74 | 4.92 | Overnight, Current Price at 4.08 |
| 4 | DBSM | DBS Group | 15.48 | 14.34 | 14.40 | 16.96 | Overnight, Current Price at 15.46 |
| 5 | STEG | Singapore Technologies Engineering | 3.27 | 3.00 | 3.12 | 3.54 | Overnight, Current Price at 3.32 |
| 6 | IFAR | Indofood Agri Resources | 2.20 | 1.94 | 2.05 | 2.46 | Overnight, Current Price at 2.43 |
| 7 | NOBL | Noble Group | 3.29 | 2.95 | 3.63 | Overnight, Current Price at 3.33 | |
| 8 | PARM | Parkway Holdings | 3.02 | 2.74 | 3.30 | Overnight, Current Price at 3.05 |
Stock Prices last updated at 9:03 (Singapore Time)
