Morning Highlights
Our Focus For Today is On Small Cap
The Straits Times Index gap down and continue dropping. Currently trading on support at Friday’s low of 2638.38.
Malaysia Shares start with little changed, whereas Japanese Stocks tumble as the yen’s surge against major currencies hits shares of exporters. Australia, South Korea and Hong Kong also slip.
News Updates:
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After seven-month run, stocks may be in limbo… as investors are just not sure where the economy is headed. (source from MSNBC)
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China government fund increases stakes in 2 state banks – Industrial & Commercial Bank of China and Bank of China Ltd (source from MarketWatch)
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 | SINW | Sinwa Ltd | 0.495 | 0.44 | 0.55 | ||
2 | CACT | CapitaCommercial Trust | 1.07 | 0.99 | 1.15 | ||
3 | WLIL | Wilmar International Ltd | 7.01 | 6.74 | 7.28 | ||
4 | TIAN | Tianjin Zhong Xin Parmaceutical Group | 0.83 | 0.775 | 0.885 | ||
5 | BIOS | Biosensors International Group Ltd | 0.67 | 0.635 | 0.705 | ||
6 | AEMN | Ascendas REIT | 1.95 | 1.79 | 2.11 | ||
7 | CDLT | CDL Hospitality Trusts | 1.54 | 1.47 | 1.61 | ||
8 | TECH | Technics Oil & Gas | 0.625 | 0.585 | 0.665 | ||
9 | MMPC | Mermaid Maritime | 1.26 | 1.10 | 1.42 | ||
10 | RAMB | Ramba Energy Ltd | 0.635 | 0.475 | 0.795 | ||
11 | MTXE | Metax Engineering Corporation Ltd | 0.24 | 0.165 | 0.315 | ||
12 | HUPS | HupSteel Ltd | 0.355 | 0.305 | 0.405 | ||
13 | CMIT | Cambridge Industrial Trust | 0.48 | 0.45 | 0.51 | ||
14 | ASRT | Ascott Residence Trust | 1.02 | 0.99 | 1.05 | ||
15 | INTK | Innotek Ltd | 0.505 | 0.445 | 0.565 | Triggered – Current Price at 0.485 | |
16 | FNON.SI | Financial One Corp | 0.42 | 0.34 | 0.475 | 0.50 | Overnight – Current Price at 0.53 |
17 | OKPH | OKP Holdings Ltd | 0.80 | 0.72 | 0.74 | 0.88 | Took Half Profit at 0.95 Current Price at 0.925 |
18 | KPLM | Keppel Corp Ltd | 8.28 | 7.90 | 8.66 | Overnight – Current Price at 8.29 | |
19 | DMXT | DMX Technologies Group Ltd | 0.53 | 0.45 | 0.61 | Overnight – Current Price at 0.515 |
Stock Prices last updated at 9.45 (Singapore Time)