Morning Highlights

Our Focus For Today Is On Property, Mid Cap, Industrial and REITs Sector

The STI broke a new 2009 high to open up at 2845.16 and continues to go higher.

News Updates:

  1. Weekly U.S. initial jobless claims drop to 452,000, down 28,000

  2. U.S. Consumer Confidence Index out on Tuesday 28/12/09

  3. The government-affiliated body charged with the rescue of struggling carrier Japan Airlines has proposed a rehabilitation plan that includes possible bankruptcy proceedings, according to a Nikkei report.‏

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 SIAT Singapore Airport Terminal Services 2.66 2.55 2.77
2 HWHS Hwa Hong 0.54 0.49 0.59  
3 GENS Genting Singapore 1.20 1.14 1.26 Triggered, Current Price at 1.23
4 IFAR Indofood Agri Resources 2.20 2.06 2.34
5 CDLT CDL Hospitality Trusts 1.76 1.67 1.85
6 AEMN Ascendarsreit 2.11 1.97 2.25
7 STTS Stats ChipPAC 1.01 0.945 1.08  
8 Hock Lian Seng 0.31 0.275 0.345  
9 WPSL Wheelock Properties 2.05 1.96 2.14 Overnight, Current Price at 2.09

Here’s Our Mid Term Holding Opportunities:

Symbol

Name

Entry

SL

TSL

TP

Remarks

1 OCBC Overseas Chinese Banking Corp 8.83 8.15 8.36 9.51 Overnight, Current Price at 8.98
2 KLAN Keppel Land 3.38 3.14 3.62 Overnight, Current Price at 3.46
3 UTOS UOL Group 4.06 3.20 4.92  
4 DBSM DBS Group 15.48 14.34 16.96  

Stock Prices last updated at 9:38 (Singapore Time)

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