Index opened little change despite strong finish in the overnight DJ. Cautious trading is needed during this time period but we had quite a number of IPOs for this week. Just look out for Mapletree Industry Trust at 2pm today.


News update :
1) Boeing raises 2010 profit forecast, citing stronger outlook for commercial airplanes.
2) US stocks post modest gains at open; airlines, paced by Delta’s 7% surge, lead pack.
3) Apple to launch Mac App Store, new operating system called Lion.
4) Dow finishes up 129 points, recouping part of yesterday’s losses; Boeing leads gains.
5) EBay earnings rise 23%; forecast tops Wall Street’s estimates.
6) China’s economic growth slows to 9.6% in third-quarter, just above expectations.
Quick Picks :

1) City Development enter 13.76 SL 13.06
2) SGX enter 10.28 SL 9.65
Medium Picks :

1) IndoAgri enter 2.70 SL 2.23
2) Wilmar enter 6.49 SL 5.87
3) Kepland enter 4.19 SL 3.95 (last dealt at 4.46)

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