Market
Review for STI:
Shares of Singapore opened up with the Straits Times Index up 24.47 points to 3,330.11.Singapore shares moved up in morning as oil prices rebound from five-year lows prompted short-covering. Therefore Market breadth was slightly positive but Investors at large remained worried.
Shares of Singapore opened up with the Straits Times Index up 24.47 points to 3,330.11.Singapore shares moved up in morning as oil prices rebound from five-year lows prompted short-covering. Therefore Market breadth was slightly positive but Investors at large remained worried.
STI
Day Performance
|
|
|
Open
|
3322.32
|
|
High
|
3337.57
|
|
Low
|
3304.83
|
|
Close
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3322.32
|
|
Change(Points)
|
16.68
|
|
% Change
|
0.50 %
|
|
Volume
|
1159.7
|
|
Rise
|
204
|
|
Fall
|
155
|
|
Unch
|
427
|
Market forecast for STI:
STI may go down as we can see a bearish movement in the market though the market was little up.
STI may go down as we can see a bearish movement in the market though the market was little up.
|
STI LEVELS
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|||||
|
Support 1 |
Support 2 |
Support 3 |
Resistance 1 |
Resistance 2 |
Resistance 3 |
|
3330 |
3290 |
3280 |
3340 |
3355 |
3365 |
Technical Indicators:
RSI is at 54 and CCI is at 15.26
RSI is at 54 and CCI is at 15.26
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Top Gainers
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Top Losers
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||||
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Scrip Name
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CMP
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%change
|
Scrip Name
|
CMP
|
%change
|
|
SIA.SG |
10.9 |
2.83 |
CITYDEV.SG |
9.89 |
-1.69 |
|
OLAM INTL.SG |
2.13 |
2.4 |
HONGKONGLAND USD.SG |
6.77 |
-1.17 |
|
THAIBEV.SG |
0.675 |
2.27 |
SIA ENGINEERING.SG |
4.07 |
-0.97 |
|
GOLDEN AGRI-RES.SG |
0.455 |
2.25 |
JMH USD.SG |
62.05 |
-0.56 |
|
OCBC BANK.SG |
10.39 |
1.66 |
KEPPEL CORP.SG |
8.53 |
-0.35 |
Important Factor for today:-
- SINGAPORE - Falling oil prices pushed the ringgit to a 10-month low against the Singapore dollar on Monday, on concerns that Malaysia's heavy reliance on oil-related revenue would hurt growth.
- One Singdollar now buys RM2.63, a 2.3 per cent slide from RM2.57 last week. This was the ringgit's steepest two-day slide since the Asian financial crisis, and analysts expect that it will fall further.
- Asian shares were mixed on Tuesday following a weak lead from Wall Street, while energy firms clawed back some losses and airlines dipped after oil prices rebounded from multi-year lows
- Too much optimism has been "baked into" Singapore's office property market, even though landlords can still expect favourable rental prospects over the next 12 months amid a benign supply situation, according to AmFraser.
- Spackman Entertainment Group has inked a non-binding memorandum of understanding to buy 51 per cent of post-production house Fireworks Co, the Korean entertainment production company announced early Tuesday.
- (SGX) has hired TradingScreen to create its over-the-counter Asian bond trading platform, TradingScreen announced on Tuesday.
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