Aug[6] - Financial Highlights - 3

The following counters released respective latest financial results last week. A summary is provided.
Spackman, Talkmed, Zhongmin BaiHui and Manulife US REIT

Aug[5] - Financial Highlights - 2

The following counters released respective latest financial results last week. A summary is provided.
Mermaid Maritime, Noble, Oceanus, Perennial, QAF and SingTel

Aug[4] - Financial Highlights - 1

The following counters released respective latest financial results last week. A summary is provided.
Centurion, ComfortDelgro (CFD), CSE Global, Dutech, G.K.Koh, Global Logistics Properties and Hotung Investment

Aug[3] - Market Updates

Singapore:
Following geographical tension rising, STI gap down on last trading day. It formed triple top breakup on early July, so the breakup point 3275 shall serve as immediate support for current sell down. Shall sell down accelerate, 3190 shall serve as next strong support. Market still looks bullish, but stepped into correction phase meantime.

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

Chart[57] - Japfa

Following negative results from latest earning release, the counter gap down from 0.66 to 0.59 as refer to first chart. The sell down paused at 0.52 shortly. Similar support price was seen on last May. Shall price rebound, 0.59 would serve as immediate resistance. The price gap could be potential profit target shall strong buying interest kick in. Potential price catalyst could be policy change from China to import more swine from Vietnam. Shall 0.52 be broken, next strong support could be 0.455 as refer to second chart.
http://www.thepigsite.com/swinenews/43879/rise-in-pork-prices-owing-to-new-stimulus-programme/

Aug[2] - Financial Highlights

The following counters released respective latest financial results last week. A summary is provided.
Capitaland, DBS, Genting Singapore, Sembco Industry, Singpost, Starhub, OUE Hospitality Trust (OUE HT)

Aug[1] - Market Updates

Crude Oil: 
Following OPEC signalling potential deeper cut in production, oil price had a 10% rally which gave a push on global index. After digesting the news, price formed a new resistance ~ 50.2. Shall the buying up continue, 54~55 shall be strong resistance area. Vice versa, ~ 47 could be short term support. US active oil rig count has been hovering around 2 years high. Russia and OPEC will meet up for oil production discussion on coming week.

Trade on bullish Oil: Oil ETF (ticker: DBO)
Trade on bearish Oil: Inverse Oil ETF (ticker: SCO)

 
Market Calendar on coming week:
Last week, non farm payrolls in the US increased by 209K in July of 2017, below an upwardly revised 231K in June but above market expectations of 183 thousand. Coming week, more economic data will be released as below.
(SG: Singapore; CH: China; UK: United Kingdom; US: USA; JP: Japan).