01 Aug '12, 6pm

Midweek Stocks in Focus – NOL, Cosco, Rotary

Midweek Stocks in Focus – NOL, Cosco, Rotary by healthytrader on August 2, 2012 It’s been a really volatile week with the US, HK and UK markets surging to local highs while the STI maintained steady at 3020. Alas, it broke 3020 today with good strength exhibited throughout the day to close at 3051. This is the highest level since 1 year back and it seems like the 3020 psychological barrier is finally broken. Expect more upside to come (and also some retest of the 3020 resistance-turned support). In the meantime, the usual market rally components are my favourite picks – Oil & Gas, Commodities and Shipping. In this first part of the article, I will focus on NOL, Cosco and Rotary while the 2nd part of my article will focus on Wilmar, Noble Group and Sakari . NOL is a Government-linked-Company (GLC) with a strong presence in the shipping industry through its APL shipping and ...

Full article: http://thefinance.sg/2012/08/02/midweek-stocks-in-focus-n...

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