Morning Highlights

There Are No Quick Picks For Today!

Expect a choppy session as certainties arose amid Europe’s debt woes and on following last week’s artillery attack by North Korea on a South Korean island.

Nonetheless, we deem that market is likely to withhold above 3100. We’ll keep to the sideline for further observation.

  • Watch out for Straits Asia

Watch Out For Economic News Today

  1. U.S Consumer Confidence (Nov)
Corporate Announcements
  1. Cosco’s subsidiary delivered a 30,000 dwt multipurpose heavy carrier to its buyer.

News Updates:

  1. The US Troubled Asset Relief Program, which risked up to US$700 billion of government funds to bail out troubled banks and automakers, will cost taxpayers a mere US$25 billion, according to an estimate released on Monday by the nonpartisan Congressional Budget Office.
  2. China central banker calls for tighter policy

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 4.74
(Entered 12.10.10)
2 IFAR Indofood Agri Resources 2.70 2.23   Overnight, Current Price at 2.69
(Entered 25.10.10)
3 FRNM Fraser & Neave 6.76 6.01   Overnight, Current Price at 6.08
(Entered 09.11.10)

Stock Prices last updated at 10:10 (Singapore Time)

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