What a headlines this morning when
House Speaker Nancy Pelosi announces a formal impeachment inquiry into ... Donald J. Trump
Stocks reacted due to the uncertainty where the DOW closed lower last night.
SembCorp has been resilient. Instead of opening lower, there is a slight upwards movement. It did not last long, the stock is pulled down by gravity like others due to the negative sentiment. The stock has been drifting with low volumes.
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| SembCorp stock chart |
Unlike Sembcorp, SembMarine fall a little and stabilize with low volumes.
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| SembMarine Stock Chart |
Keppel is quite interesting. It was one of the stocks to watch by Business times. They mentioned that that they are borrowing in the market via bonds to finance their operations. The stock fell quite a bit. It continues to fall through out the day. The stock has given up the gains yesterday. volumes are lower. Interests seems muted today.
It may be a potential entry at $6. Hopefully, activities will pick up.
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| Keppel Stock Chart |
Please see the disclaimers in my blog....
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