Posts Tagged ‘work’

The Building Blocks Of Trend Development 05.15

Moving into the second day of the May 15 th trading week, the Forex market has seen some exciting trend continuations. Today we will attempt to find the strongest trends in Forex by using our building blocks method described in the May 8 th edition of Chart Of The Day . Picking out the strongest trends will allow us to focus on specific pairs for the remainder of the week ahead while avoiding those specifically that lack momentum and market direction

STOCKS NEWS SINGAPORE-Shares reverse earlier losses

Tue May 15, 2012 12:56am EDT Singapore shares inched higher by midday, reversing earlier losses on bargain hunting in oversold stocks such as Neptune Orient Lines (NOL), but gains were capped by worries over the political turmoil in Greece.

GBP Correction Finds Solace at 16070- CAD Well Supported on Jobs Data

Daily Winners and Losers The Canadian dollar is the top performer against the greenback ahead of the European close with an advance of 0.62% on the session. A blow-out employment print out of Canada prompted the loonie rally after the report showed the creation of 58.2K jobs in the month of April, topping estimates that called for a gain of just 10.0K.

STOCKS NEWS SINGAPORE-DBS downgrades OKP to hold

Wed May 9, 2012 12:56am EDT DBS Vickers reduced its rating on infrastructure and civil engineering company OKP Holdings Ltd to hold from buy and lowered its price target to S$0.65 from S$0.75. OKP’s shares were down 6.8 percent at S$0.55, but have risen about 3 percent so far this year. The broker cut its 2012 earnings estimates for OKP by 16 percent due to risks of lower margins and slow recognition from its order book.

STOCKS NEWS SINGAPORE-COSCO falls on weak results, outlook

Tue May 8, 2012 10:08pm EDT Shares of COSCO Corp (Singapore) Ltd declined after the Chinese shipbuilder reported a 25 percent drop in quarterly net profit and warned that business and operating conditions for the rest of the year would remain challenging. Brokers cut their forecasts on COSCO and the shares fell as much as 3.5 percent to S$0.965, the lowest since mid-January, while the FT ST Mid Cap index lost 0.8 percent

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