Morning Highlights

There Are No Quick Picks For Today!

Singapore shares fell in opening trade on worries that Libya’s turmoil may spread to other Middle Eastern countries. STI dropped 21.41 points to open at 3003.75

  • Ying Li Q4 profit jumps 4X…

Watch Out For Economic News Release This Week:

  • Monday 28/02/11: U.S Feb Pending Home Sales
  • Tuesday 01/03/11: China Feb PMI Manufacturing & U.S. Feb ISM Manufacturing
  • Wednesday 02/03/11: U.S Feb ADP Employment Change
  • Friday 04/03/11: U.S Feb Change in Non-farm Payrolls

News Updates:

  1. China Q1 CPI forecast at 4.5%
  2. Japanese shares start the week on a downbeat note with large retailers under selling pressure after lower sales in January.

Corporate Announcements:

  1. UOB reported 41.8% year-on-year increase in FY10 net profit to S$2.7 billion.
  2. Midas reported 29.2% year-on-year increase in FY10 net profit to S$48.5 million.

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.

Our Mid Terms Holdings : Bullish Stocks (Singapore)

 

Symbol

Name

Entry

SL

TSL

TP

Remarks
1 KPLD Keppel Land 4.19 3.95 Overnight, Current Price at 4.19(Entered 12.10.10)
2 IFAR Indofood Agri Resources 2.70 2.23   Overnight, Current Price at 2.29
(Entered 25.10.10)
3 STRL Straits Asia Resources 2.68 2.17   Overnight, Current Price at 2.35 
(Entered 30.11.10)
4 SCMN Sembcorp Marine 5.19 4.49   Overnight, Current Price at 5.30
(Entered 29.12.10)

Stock Prices last updated at 09:11 (Singapore Time)

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