Broker Name: Lim & Tan Securities

Date of Report: 10 April 2026

Excerpt from Lim & Tan Securities report.

Report Summary

• Stock: Keppel Ltd
• Action: BUY (Short-term recommendation based on technical analysis)
• Key Price Levels:
  • Last Done: S\$12.13
  • Short-term Resistance: S\$12.80 (target to the upside)
  • Short-term Support: S\$11.78
• Most Important Idea: The technical indicators (Bollinger Bands, RSI) show bullish momentum with room for further price appreciation. The upside is capped at S\$12.80 in the near term. Downside is supported at S\$11.78, limiting short-term risk. Recommendation is to BUY for the short-term as the price direction is expected to be bullish.

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