Friday 16 December 2016

STOCKS TO WATCH TODAY IN SGX MARKET


Shares of the following companies can be affected with recent events or announcements in SGX market:

CapitaLand: It has acquired the 136-unit Temple Bar Hotel in Ireland for 55.1 million euros.

Serrano Ltd: The Chief executive officer and director, Chia Wing Keong has been declared bankrupt by the court. He is the second director to be made bankrupt in a month.

Civmec Limited: It is planning to invest A$80 million to construct a shipbuilding facility in Henderson, a suburb of Perth, Australia.

M1 and StarHub: Their share price takes a hit on Thursday, a day after the announcement of a fourth telco entering Singapore's market. M1's share price closed 3.47 per cent lower on Thursday to S$1.95, while StarHub fell 3.1 per cent to S$2.81. Largest operator Singtel's share price slid only 0.8 per cent to S$3.73.

Bank stocks: They were affected by the United States Federal Reserve's decision to raise interest rates. They fell on Thursday amid concerns over asset quality, but largely recovered on the same day after overselling. UOB fell the most at 1.42 per cent to S$20.90, OCBC dipped 0.97 per cent to S$9.15, and DBS slid 0.17 per cent to S$17.93.

Another SGX Market Hot Stock of the Day:

  • SINGTEL
  • WILMAR INTL
  • SIA
  • VENTURE
So Earn More These Stock are profitable for Intraday & Contra Day Trader.

Our Stock Recommendations :
1.SGX INTRADAY SIGNAL: BUY CIVMEC AT 0.440 TARGET 0.455, 0.470 SL 0.424 …
2.KLSE INTRADAY SIGNAL: BUY OKA AT 1.21 TARGET 1.25, 1.29 SL 1.16 …


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