9:06 PM
Unknown
Market Review:
Singapore equities
recover inch today, after its previous day free fall. However STI
closed below 3100 mark.
STI Day Performance
|
|
Open
|
3085.54
|
High
|
3101.36
|
Low
|
3082.86
|
Close
|
3096.74
|
Change(Points)
|
+8.49
|
% Change
|
+0.28%
|
Volume
|
2634.6M
|
Rise
|
214
|
Fall
|
195
|
Unch
|
643
|
Market forecast:
- STI opened flat @ 3085.50 and then its made day low 3082.86 above then previous days lower level and finally closed near to day high @ 3096.74 level just below 3100 level.
- STI formed a green candlestick as it traded higher side, and closed near to day high. This is a bullish sign.
- STI currently traded above 50 & 20 day EMA level , so whenever it maintain above these level it will be in bullish zone.
Support level:
STI having immediate support @ 3080
level and below this level it can take support @3060-3040 will be the
support zone for STI.
Resistance:
STRAITS TIME LEVELS
|
|
Support 1
|
3080
|
Support 2
|
3060
|
Support 3
|
3040
|
Resistance 1
|
3105
|
Resistance 2
|
3120
|
Resistance 3
|
3135
|
Technical indicators:
Technical
indicators MACD, RSI and CCI are trading in recovery mode, RSI is in
oversold zone so we can expect recovery in it.
Important Factor for today:-
- Allianz raised its dividend by almost a 5th after fourth-quarter net profit met expectations at 1.26 billion euros (US$1.72 billion), as a strong operating gain in property and casualty insurance offset declines elsewhere..
- United Overseas Australia Ltd has achieved a $219.2 million operating profit for the financial year ended 31st December 2013. After taxation and non-controlling interests, the profit applicable to the members of the Company was $97.8 million, an increase of $15.8 million or 19.3% when compared with the 2012 profit result.
- City Developments: 4Q13 Net Profit Down 11.4% to S$221 Million, Declared S$0.08 Final Dividend.
- Yangzijiang acquisition Of Remaining 45.53% Stake In Jiangsu Runzhou Heavy Industry Co., For US$5.46 Million.
- Yanlord FY 2013 Revenue Rises 9.5% to RMB11.28 Billion, Strong Pre-Sales Growth And Subsequent Recognition To Drive Future.
Top 5 Gainers
|
Top 5 Losers
|
||||
Scrip Name
|
CMP
|
%change
|
Scrip Name
|
CMP
|
%change
|
GoldenAgr
|
0.565
|
4.63
|
THBEV
|
0.51
|
-1.92
|
Jardine C&C
|
38.09
|
2.92
|
HPH Trust US$
|
0.62
|
-1.59
|
SGX
|
6.94
|
1.31
|
Wilmar
|
3.47
|
-0.57
|
SembMar
|
4.08
|
1.24
|
JMH 400US$
|
55.3
|
-0.36
|
Genting SP
|
1.355
|
1.12
|
DBS
|
16.4
|
-0.3
|
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