Morning Highlights

The index opens flat at 3112.29. Other Asian markets were l;ower  as investors followed Wall Street’s lead and took some cash off the table after recent gains.

Watch Out For Economic News Today

  1. U.S.September Consumer Confidence
  2. Richmond Fed September Manufacturing Index
Corporate Announcements:
  1. DBS officially opened DBS Asia Hub, which will house more than 3,000, or over 40% of DBS’ Singapore-based staff.

News Updates:

  1. Morgan Stanley remains the largest real estate fund manager in Asia Pacific, according to a survey by a Hong Kong-based industry group, despite running into difficulties with some of its investments in Japan.

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 OLAM Olam International 3.23 3.13 3.33
2 KRZL Kreuz Holdings 0.52 0.455 0.585  
3 UNIT United Envirotech 0.53 0.47 0.59
4 HIPI Hi-P International 1.05 0.87 1.23  
5 SOGL Sound Global 0.855 0.765   0.945  
6 SVCH SunVic Chemical 0.455 0.405   0.505  
7 HSEN Hiap Seng Engineering 0.805 0.645   0.965  

Stock Prices last updated at 9:00 (Singapore Time)

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