SGX Stock Recommendations For Today 22-Nov

Stock Name: Petra
Company Name: PETRA FOODS LIMITED
Research House: OCBC Price Call: BUY Target Price: 2.98

Stock Name: Kep Corp
Company Name: KEPPEL CORPORATION LIMITED
Research House: OCBC Price Call: BUY Target Price: 13.34

Stock Name: CapitaMall
Company Name: CAPITAMALL TRUST
Research House: OCBC Price Call: BUY Target Price: 2.38

Singapore Stocks News - Factors to Watch

CapitaMall Trust

CapitaMall Trust (C38U.SG) is planning to raise US$167 million by selling 100.5 million units in the real estate investment trust.

CapitaMall Trust

Olam International Ltd. (O36.SG) has initiated legal action in Singapore’s high court against Muddy Waters LLC and its founder, Carson Block, for statements made at the Sohn London Investment conference in London.

Straits Times Index - Trading Strategy for 22 Nov 2012

Market Review - End of Day Summary 21 Nov

Singapore share opens in ease with some points of loss and then traded with good movement.

STI opens @ 2955.41 and then made a day low @ 2953.43 , took support @ lower levels and recovers losses and made a day high @ 2967.29 , after making high it suddenly fell again and then recovers and finally closed @ 2960.30 with gain of 1.48 points up by 0.05%.

In the broader market, volumes were lower at 1.9 billion shares, compared to Tuesday's 2.2 billion. Gainers beat losers by 192 to 177.