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Monday, December 17, 2012

STI Market Updates - End of the Day Summary

Singapore shares were up slightly on the opening session, but after that it fails to continue the same trend and closed lower.

STI opens 3168.06 levels and then it made a day high of 3173.22, but faced resistance @ this level and then fell down and took support @ 3150.40 levels. Finally closed @ 3158.70 levels with loss of 9.73 points down by 0.31%.Volume were 1.95 billion shares worth S$1.02 billion. Losers outnumbered gainers 260 to 182.

Singapore's non-oil domestic exports (NODX) declined by 2.5% in November, compared to the 7.9% increase in the previous month. The figure was worst than market expectations for a 2.1% rise. On a month-on-month basis, exports decreased marginally by 0.3 % in November, following the previous month's 1.2% contraction.

 
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