The local market could continue to ride on the global risk-on sentiment amid the recent spate of positive economic data.
Regional bourses opened mixed, with Tokyo (-0.1%) and Seoul (-0.03%) weaker, and Sydney (+0.2%) stronger.Technically, the STI is testing the 2,920 fibonacci resistance (20-dma), with next objective at the 2,953 breakaway gap. Downside support is at 2,900.
Stocks to watch:
*Sino Grandness. Partnering Wechat Food to distribute its products, including its Garden Fresh line, Grandness canned food and Hao Tian Yuan snacks via Wechat's mobile internet platform..
*AEM: Disclosed an outstanding order book of $84.5m as at 1 Jan, or $17.8m higher than its previous update on 9 Dec, comprising purchase orders for equipment and kits to be delivered in the financial year.
*MoneyMax: Proposed to acquire Malaysian pawnbroker Pajak Gadai Hen Teck for RM4.14m.
*TIH: Injected $4.6m as an additional loan to Fortune Code to maintain its 8% share of shareholder funding (i.e. equity and shareholder loans). The additional loan will be used to repay debt as well as for working capital purposes.
*Trendlines: Prime Partners becomes the third investor in Trendlines Medical Singapore, acquiring a 3.75% stake in the subsidiary for an undisclosed price.
*YuuZoo: Issued 53.5m drawdown shares on 4 Jan at $0.1359/share, relating to its GEM facility. The drawdown of $7.3m will be used for business development and working capital.
Subscribe to:
Post Comments (Atom)
My name is.Mrs.Juliet Quin. I live in Canada and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of $ 73,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of $ 73,000.00 Canada Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs.Juliet Quin that refer you to him. Contact Dr Purva Pius via email: reply to email (urgentloan22@gmail.com)
ReplyDelete