Morning Highlights

Our Focus For Today is still on REIT Sector

The STI gapped up and opened at 2,693.56. Index tried to test the 2700 points again but failed. Currently is trading above the support range between 2661.39 – 2676.05

Among the individual shares that trades higher,

  • Oceanus broke  high of 0.39 – wait for setups
  • Richland broke high of 0.545 – wait for setups
  • Wilmar touched high of 6.96

As the Singapore Market displays uncertainly, we advise to stay on the sideline first, watch existing open trades and trail the profits accordingly.

Latest News:

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)

Symbol

Name

Entry

SL

TSL

TP

Remarks

1 BENK Beng Kuan Marine 0.365 0.31 0.42
2 HBEE Ho Bee Investment 1.60 1.34   1.86 To enter as Market Order
3 SITT Sinotel Technologies Ltd 0.725 0.66 0.79
4 SINW Sinwa Ltd 0.495 0.44 0.55
5 INTK Innotek Ltd 0.505 0.445 0.565
6 SUNT Suntec REIT 1.15 1.07 1.23
7 AEMN Ascott REIT 1.02 0.99 1.05
8 OKPH OKP Holdings Ltd 0.80 0.72 0.74 0.88 Overnight – Current Price at 0.865
9 KPLM Keppel Corp Ltd 8.28 7.90   8.66 Overnight Current Price at 8.48
10 DESS Design Studio 0.595 0.525 0.565 0.665 Overnight – Current Price at 0.61
11 UNIT United Envirotech Ltd 0.32 0.27 0.40 0.37 Overnight –
Current Price at 0.435
12 DMXT DMX Technologies Group Ltd 0.53 0.45 0.61 Overnight – Current Price at 0.505
13 MTHL Metro Holdings Ltd Broke high of 0.7 – lookout for setups
14 TECH Technics Old & Gas Ltd 0.625 0.58 0.73  

Stock Prices last updated at 10.02 (Singapore Time)

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