Morning Highlights
Market is Drifting, No Sector In Focus Yet
We don’t see any big actions among the Sectors or Individual Shares at the moment. Will have to wait and observe further for directions… (update: 9:30)
United Envirotech trading halt will be lifted at 10:45. The Company announced today, 24th September 2009, that one of its subsidiaries is currently participating in the tender for the project in Guangdong, estimated contract size is approximately S$50 million. (Read More)
Here is a list of STOCKS that breakouts today,
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Synear Food Holdings broke high of 0.365 – wait for setups
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Hiap Seng broke high of 0.695 – wait for setups
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Mapletree Logistics Trust broke high of 0.76 – wait for setups
News Updates: (source from MSNBC)
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Federal Reserve Policymakers left a key interest rate at a record low Wednesday and said “economic activity has picked up following its severe downturn.”
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US Stocks closed lower Wednesday as a brief rally followed the Fed’s economic statement and then faded.
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Oil Prices dip to $68 per barrel – Crude and Gasoline prices fell sharply Wednesday on more evidence of a huge glut in supply, with the economy still damaged by the worst recession since the 1930s
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Call warrant Yanlord MBLeCW100302 (I5AW) exercise price $2.80 rose 8.5% day-on-day (dod) in line with the 2.9% dod climb in the underlying share. (source: Warrants)
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)
|
Name |
Entry |
SL |
TSL |
TP |
Remarks |
||
| 1 | INTK | Innotek Ltd | 0.505 | 0.445 | 0.565 | ||
| 2 | SUNT | Suntec REIT | 1.15 | 1.07 | 1.23 | ||
| 3 | CMIT | Cambridge Industrial Trust | 0.48 | 0.45 | 0.51 | ||
| 4 | EZRA | Ezra Holdings Ltd | 2.06 | 1.95 | 2.17 | ||
| 5 | AEMN | Ascendas REIT | 1.95 | 1.79 | 2.11 | ||
| 6 | CDLT | CDL Hospitality Trusts | 1.54 | 1.47 | 1.61 | ||
| 7 | FEGL | Falcon Energy Group Ltd | 0.965 | 0.86 | 1.07 | ||
| 8 | COF | Capital One Financial Corp | 0.42 | 0.34 | 0.50 | ||
| 9 | FJBN | FJ Benjamin Holdings Ltd | 0.365 | 0.325 | 0.405 | ||
| 10 | SINW | Sinwa Ltd | 0.495 | 0.44 | 0.55 | ||
| 11 | ASRT | Ascott Residence Trust | 1.02 | 0.99 | 1.05 | ||
| 12 | BENK | Beng Kuan Marine | 0.365 | 0.31 | 0.42 | Overnight – Current Price at 0.385 | |
| 13 | HBEE | Ho Bee Investment | 1.60 | 1.34 | 1.86 | To enter as Market Order | |
| 14 | SITT | Sinotel Technologies Ltd | 0.725 | 0.66 | 0.79 | Overnight – Current Price at 0.72 | |
| 15 | OKPH | OKP Holdings Ltd | 0.80 | 0.72 | 0.74 | 0.88 | Overnight – Current Price at 0.955 |
| 16 | KPLM | Keppel Corp Ltd | 8.28 | 7.90 | 8.66 | Overnight – Current Price at 8.43 | |
| 17 | DESS | Design Studio | 0.595 | 0.525 | 0.565 | 0.665 | Overnight – Current Price at 0.605 |
| 18 | UNIT | United Envirotech Ltd | 0.32 | 0.27 | 0.40 | 0.37 | PROFIT – CLOSED at 0.425 |
| 19 | DMXT | DMX Technologies Group Ltd | 0.53 | 0.45 | 0.61 | Overnight – Current Price at 0.51 |
Stock Prices last updated at 11.03 (Singapore Time)
