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Tuesday, December 11, 2012

Straits Times Index - EOD Summary 11 Dec

Market Review:
Singapore shares rose for the 5th straight day and made high of 3138.81 inch lower than the recent high of 3139.40. On hopes of progress in talks to resolve a “fiscal cliff" in the United States, but gains are likely to be capped by a US Federal Reserve policy decision due later this week.

STI opens with gap @3127.53 levels and then it move towards day High @ 3138.81, but as yesterday cant able to crossed the Resistance of 3140 level and fell down, took support @ 3114.34. But closed near day low @ 3118.33 with gain of 3118.33 up by 0.13%.Volume were 2.35 billion shares valued at S$1.17 billion. Losers slightly led gainers 204 to 200.

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