Singapore
equities open higher @ 3172.48 and made its 17th
month higher level.
STI
opens with gap @ 3172 level and then crossed the immediate Resistance
level of 3185 and made its 17th
month High of 3186.13. After making a High it closed slightly down
from the higher level @ 3180.81 with gain of 12.24 points up by
0.39%.Volume
was 3.35 billion shares. Gainers
led losers 320 to 118.
Factory
output rose 3.1% year-on-year, less than the 4.8% median forecast of
nine economists polled by Reuters earlier. But this also marked
manufacturing's first month of year-on-year growth since July.
Compared to the month before, industrial production grew 1.9 % in
November after seasonal adjustments, following month-on-month growth
of 1.2 % in October.