SGX STOCK INVESTMENT PICKS FOR DAY TRADING

SINGAPORE SGX market prices opened lower on Thursday with the Straits Times Index down 8.95 points to 3,167.6.

Some 98.1 million shares worth S$57 million were traded as at 9am. Losers outnumbered gainers 70 to 62.

THE following SGX stock investment picks may be in focus today:

Advance SCT: The supplier of copper-based products said on Wednesday the result of the scheme meeting with its creditors is now uncertain, and that the company is exploring its legal options.

KS Energy: The group said on Wednesday although it expects the overall operating cash flow to remain negative in the next 12 months, it anticipates generating positive cash flows from existing and prospective rig charter contracts.

IEV Holdings, Lorenzo International: The two firms were queried separately on Wednesday by Singapore Exchange on the unusual movement in the volumes of their shares.

M1, Singtel and StarHub: Stock prices of all the three listed Singapore telcos fell marginally on Wednesday, following the conclusion of the Info-communications Media Development Authority's first stage of the latest round of general spectrum auction on Tuesday.

More Valuable Singapore Stocks of the Day:

• BLACKGOLDNATURAL
• NET PACIFIC FIN
• KSH

Our recent Stock Recommendations:
1. SGX INTRADAY SIGNAL: BUY BLACKGOLDNATURAL AT 0.184 TARGET 0.190, 0.195 SL 0.177
Update: BLACKGOLDNATURAL AT 0.195, OUR FINAL TARGET DONE.

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