Market retreat as US market slipped on debt fears. Major indexes end slightly lower a day after the Dow industrials post their best performance since December, with investor uncertain as the debt-ceiling issue remains unresolved.
France and Germany reportedly reach an agreement over a Greek bailout package, sending the euro higher in early Asian trading.
Japanese and Korean markets move lower, though Australian stocks edge higher, with a key European meeting on the Greek debt crisis on tap.
EBay profit down, but sales rise.
Short term trading
Wilmar enter 5.80 SL 5.60
Mid term holding
Jardine C&C enter 40.70 SL 35.40 (trail at 43.26) entered on 31th May 2011
1088 HK enter 39.05 SL 33.70 (trail at 35.60) entered on 5th July 2011
OCBC to enter 9.80 SL 9.01 (drawing new)
Earnings Announcement Dates
Thur 21 July – Keppel Corp (2Q 11)
Tues 26 July – Osim (2Q 11)
Wed 27 July – Biosensors (1Q 12)
Thurs 28 July – DBS (2Q 11) , SIA (1Q 12)
Tues 2 Aug – Sembmarine (2Q 11), SGX (FY 11)
Thurs 4 Aug – Capitaland (2Q 11)
