May[8] - Financial Highlights

The following counters released respective latest financial results last week. A summary is provided. Perennial, QAF, SIA Engineering, Singpost, SUTL, VICOM and Asian Pay TV Trust

May[7] - Financial Highlights

The following counters released respective latest financial results last week. A summary is provided. 800 Super, Centurion, ComfortDelgro, CSE Global, Dutech, Ezion, Health Management International, ISOTeam, Noble and OCBC.

May[6] - Market Updates

Crude Oil:
Oil price rebounded from USD44 last week. Two weeks later will be OPEC meeting, and market has been speculating whether any further extension of production cut dished out by OPEC. US shale production has been rising on consecutive months, which trap the oil in range bouncing. Immediate support ~37 and resistance ~53.

Market Calendar on coming week:
(SG: Singapore; CH: China; UK: United Kingdom; US: USA; JP: Japan)

Chart[45] - iFast

The counter experienced surging buying volume upon release of latest quarter results on 28th April. Its outstanding operating profit (jump > 80% year on year) triggered a strong U turn from recent downfall of stock price. Last trading day saw its price retreat to 10 days moving average with slim volume. An entry point is presented for potential uptrend in forming. Immediate resistance is ~ 0.8

May[5] - Financial Highlights

The following counters released respective latest financial results last week. A summary is provided. DBS, Sembco Industry, Starhub, Manulife US REIT, OUE H Trust, Frasers Logistics & Industrial Trust and Frasers Hospitality Trust

May[4] - Market Updates

US:
Last trading day saw positive economic data from US. Unemployment rate declined on consecutive months, while non-farm payroll welcomed strong rebound. DOW Jones closed near to historical high meantime. New record high might be around the corner.

Market Calendar on coming week:
(SG: Singapore; CH: China; UK: United Kingdom; US: USA; JP: Japan)

Chart[44] - G Invacom

The counter saw strong buying interest on last week. Price broke resistance ~ 0.163. On last trading day, price retreated with little volume. Looking into weekly chart, next resistance shall be 0.179. The uptrend could fail shall price falls back to 0.163 and below.