Market Review:
Singapore shares continue the down trend and traded below 3000 mark and closed well below this level.
Market forecast:
Support:
STI having immediate support @ 2970 level and below this level it can take support @2950-2930 will be the support zone for STI.
Resistance:
STI having immediate Resistance @3015 and above this level it may take resistance @ 3035-3055.
Technical indicators:
Technical indicators MACD, RSI and CCI are turning.
Important Factor for today:
China’s official non-manufacturing Purchasing Managers’ Index (PMI) fell to 53.4 in January from December's 54.6, putting further strains on the market, as pressures from the massive sell-off in emerging markets show little sign of abating.
Important factor to watch this week 3rd to 7th Feb 2014:
S'pore Jan PMI
S'pore Jan foreign reserves
US Jan employment situation
Corporate Action & Result Calendar as on 4th Feb 2014
Singapore shares continue the down trend and traded below 3000 mark and closed well below this level.
Market forecast:
- STI opened with gap down @ and crossed its major support level and took support multiple support zone of 2989-2985 mark and closed near to day low with loss of 1.20%.
- STI crossed its 3000 mark and traded below this level whole day and closed @ 2990 mark just near to day low, for this bearish move STI made a candlestick pattern called long black line; this is a single and highly bearish candle.
- As STI crossed its 3020 mark so we expect more down side movement in STI and it can touch 2950-2920.
|
STRAITS
TIME LEVELS
|
STI
Day Performance
|
||
|
Support 1
|
2970
|
Open
|
3011.41
|
|
Support 2
|
2950
|
High
|
3015.16
|
|
Support 3
|
2930
|
Low
|
2989.00
|
|
Resistance 1
|
3015
|
Close
|
2990.95
|
|
Resistance 2
|
3035
|
Change(Points)
|
-36.27
|
|
Resistance 3
|
3055
|
% Change
|
-1.20
|
|
|
Volume
|
1488.1M
|
|
|
Rise
|
126
|
||
|
Fall
|
245
|
||
|
Unch
|
415
|
||
STI having immediate support @ 2970 level and below this level it can take support @2950-2930 will be the support zone for STI.
Resistance:
STI having immediate Resistance @3015 and above this level it may take resistance @ 3035-3055.
Technical indicators:
Technical indicators MACD, RSI and CCI are turning.
Important Factor for today:
China’s official non-manufacturing Purchasing Managers’ Index (PMI) fell to 53.4 in January from December's 54.6, putting further strains on the market, as pressures from the massive sell-off in emerging markets show little sign of abating.
|
Top
5 Losers
|
|||||
|
Scrip Name |
CMP |
%change |
Scrip Name |
CMP |
%change |
|
DBS |
16.54
|
0.42
|
JSH 500US$ |
31.32
|
-3.63
|
|
ComfortDelGro |
1.94
|
0.26
|
Genting SP |
1.34
|
-2.9
|
|
Capitaland |
2.76
|
0
|
HKLand US$ |
5.86
|
-2.66
|
|
Noble Grp |
0.95
|
0
|
CapMallsAsia |
1.715
|
-2.56
|
|
Wilmar |
3.11
|
-0.32
|
JMH 400US$ |
52.35
|
-2.3
|
S'pore Jan PMI
S'pore Jan foreign reserves
US Jan employment situation
Corporate Action & Result Calendar as on 4th Feb 2014
|
Company
Name
|
Type
|
Expiry
Date
|
Record
Date
|
Date
Paid/Payable
|
Particulars
|
|
CDL HOSPITALITY TRUSTS |
DIVIDEND |
04 Feb 2014 |
06 Feb 2014 |
28 Feb 2014 |
010713 - 311213 SGD 0.0093 TAX EXEMPT |
|
CDL HOSPITALITY TRUSTS |
DIVIDEND |
04 Feb 2014 |
06 Feb 2014 |
28 Feb 2014 |
010713 - 311213 SGD 0.0463 LESS TAX |
|
FRASER AND NEAVE, LIMITED |
DIVIDEND |
04 Feb 2014 |
06 Feb 2014 |
18 Feb 2014 |
SGD 0.12 ONE-TIER TAX |
|
FRASERS CENTREPOINT LIMITED |
DIVIDEND |
04 Feb 2014 |
06 Feb 2014 |
18 Feb 2014 |
SGD 0.0173 ONE-TIER TAX |
|
STI ETF |
DIVIDEND |
04 Feb 2014 |
06 Feb 2014 |
20 Feb 2014 |
SGD 0.043 ONE-TIER TAX |
|
TRIYARDS HOLDINGS LIMITED |
DIVIDEND |
04 Feb 2014 |
06 Feb 2014 |
18 Feb 2014 |
SGD 0.02 ONE-TIER TAX |
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