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Posts Tagged ‘uptrend’

Keppel Land off 0.3%; But uptrend still intact

Keppel Land (K17.SG) is off 0.3% at $3.99 as investors continue to book gains after run-up two weeks ago to 52-week high of $4.09, says Dow Jones.

Longer-term uptrend holding well with shares +14.3% year-to-date, +14.9% since beginning June vs FTSE ST Real Estate Holding & Development Index down 6.7%, +4.0% respectively.

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Osim up 0.5%; $1 cap; uptrend strong, according to charts

Osim (O23.SG) is up 0.5% at 97 cents on improved 1Q10 results, extending recent hefty gains.

The stock is 28.7% higher since beginning March vs FTSE ST Small Cap Index +12.3% over same period, with price now around three-year highs.
 

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STI off 0.1%; recent uptrend nearing end: DBS

Singapore blue chips remain wobbly as investors appear unwilling to park more money in equities after booking some profits from morning run-up, but interest in small-cap shares still strong, according Dow Jones.

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STI uptrend over, short-term trend down, says CIMB

Singapore shares reversed earlier gains as regional pullback deepens amid continued concern over ripples from Europe debt woes.

The STI is off 0.6% at 2,667.39 vs its morning high of 2,700.85 (+0.6%), with the index on track to finish at two-month low with next psychological support tipped at 2,650.

Inconclusive US pre-market futures did little to lift mood (S&P 500 down 1.5 points, DJIA +5 points).

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Daryl Guppy: Jumping 3,300

THE UPTREND IN the Shanghai market remains exceptionally strong as it moves above the 3,300 resistance level. There are many features supporting a continuation of the trend. It is very difficult to find warning signs that suggest a significant pause or retreat in the trend. This is the very situation that points the way towards much stronger economic growth than that coming through in the official figures.