Market Review for STI:
SINGAPORE share prices opened lower today with the Straits Times Index down 1.79 points to 3,311.68. Hong Kong stocks rose 0.34 per cent in the first few minutes of trade as tensions over the crisis in Ukraine eased after pro-Russian rebels handed over two black boxes from a downed Malaysia Airlines jet.STI opened at 3311.68 and the close was observed at 3316.91.
Market forecast for STI:
STI opened lower but closed higher following its uptrend. Though the day range is small but the trend is up which is expected to continue. We may expect that it will move in a range of 3310-3325.
Technical indicators:
RSI is above the centre line at 64.80 and CCI is at 143.68. Indicators are supportive to the bullish trend with index trading up of 20 & 50 days EMA.
Important Factor for today:-
SINGAPORE share prices opened lower today with the Straits Times Index down 1.79 points to 3,311.68. Hong Kong stocks rose 0.34 per cent in the first few minutes of trade as tensions over the crisis in Ukraine eased after pro-Russian rebels handed over two black boxes from a downed Malaysia Airlines jet.STI opened at 3311.68 and the close was observed at 3316.91.
STI
Day Performance
|
|
Open
|
3311.68
|
High
|
3321.62
|
Low
|
3309.27
|
Close
|
3316.91
|
Change(Points)
|
+2.64
|
% Change
|
+0.08
|
Volume
|
2086.6M
|
Rise
|
210
|
Fall
|
166
|
Unch
|
408
|
STI opened lower but closed higher following its uptrend. Though the day range is small but the trend is up which is expected to continue. We may expect that it will move in a range of 3310-3325.
STI
LEVELS
|
|||||
Support
1
|
Support
2
|
Support
3
|
Resistance
1
|
Resistance
2
|
Resistance
3
|
3310
|
3300
|
3290
|
3325
|
3340
|
3350
|
RSI is above the centre line at 64.80 and CCI is at 143.68. Indicators are supportive to the bullish trend with index trading up of 20 & 50 days EMA.
Top
Gainers
|
Top
Losers
|
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Scrip
Name |
CMP |
%change |
Scrip
Name |
CMP |
%change |
CapitaMall Trust |
2.01 |
1.26 |
JSH 500 USD |
35.8 |
-1.11 |
CityDev |
10.47 |
1.16 |
Global Logistic |
2.72 |
-1.09 |
StarHub |
4.17 |
0.97 |
Olam Intl |
2.46 |
-0.81 |
DBS |
17.61 |
0.74 |
Ascendas Reit |
2.32 |
-0.43 |
Sembcorp Marine |
4.11 |
0.49 |
SGX |
6.94 |
-0.43 |
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