Singapore Stock Market Updates On 11/11/10

Singapore market started the day flat, with STI opened at 3,290.11. MOst of the other Asian stock markets are mixed and trading in relatively tight ranges as many investors are looking to Chinese economic data due later for cues…

NEW IPO : STX OSV
Offer Price : S$0.79
Commence Trading : 12 Nov 2010
Underwriters : Goldman Sachs
Offer Size : 325,646,000

New Mid Term Holding Picks… Check out Pick 4 & 5!

Watch Out For Economic News Today

1. China Oct CPI (China’s October consumer price index jumps 4.4% from year earlier, above forecast)
2. China Oct Retail Sales
3. China Oct Industrial Production

1. Singtel reported a 6.4% year-on-year decline in 3Q10 net profit to S$891.2 million.
2. Yanlord reported a 20.8% year-on-year increase in 3Q10 net profit to S$110.1 million.

News Updates:

1. Australia’s unemployment rate rose to 5.4% in October, from 5.1% in the previous month, government data released Thursday showed.
2. U.S. stocks advanced, ending two days of declines, as a rally in oil prices boosted energy shares and Ireland’s central bank governor said the country may return to bond markets next year, easing concern that Europe’s debt crisis will worsen.

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)

Our Mid Terms Holdings : Bullish Stocks (Singapore)

Stock Prices last updated at 11:52 (Singapore Time)