Morning Highlights

There Are No Quick Picks For Today!

Singapore stocks traded lower, market is still weak and unstable…

News Updates:

  1. Fed policy makers projected U.S. inflation-adjusted gross domestic product will rise 3.4% to 3.9% this year, compared with November forecasts of 3% to 3.6%.
  2. China Jan FDI rises 23.4% to US$10 billion.
  3. Singapore’s economy could grow up to 10.1% in the first quarter, according to leading indicators from the latest BT-UniSIM Business Climate Survey.

Corporate Announcements:

  1. NOL reported FY10 net profit of $461mn compared to a net loss of $741 million last year.
  2. Keppel Corp secured a contract worth approximately US$380 million from Transocean to build two jackup rigs.
  3. SGX enhanced its suite of American Depositary Receipts (ADRs) by adding 3 new companies and partnering a 2nd depositary bank.

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 4.31(Entered 12.10.10)
2 IFAR Indofood Agri Resources 2.70 2.23   Overnight, Current Price at 2.51
(Entered 25.10.10)
3 STRL Straits Asia Resources 2.68 2.17   Overnight, Current Price at 2.45 
(Entered 30.11.10)
4 SCMN Sembcorp Marine 5.19 4.49   Overnight, Current Price at 5.19
(Entered 29.12.10)

Stock Prices last updated at 10:55 (Singapore Time)

rHzkxhHJSjU