Market Review for STI:
Share prices opened lower today with the Straits Times Index down 6.32 points to 3,322.58. Asian stocks dropped, following a sharp fall on Wall Street over fears of a market correction and concerns the conflict in Ukraine could escalate. The open was marked at 3322.58 and the close was marked at 3320.23.
Technical indicators:RSI
is at 51.60 ,CCI is at -2.26 .The prices are still above the 20 &
50 days EMA.
Important Factor for today:-
Share prices opened lower today with the Straits Times Index down 6.32 points to 3,322.58. Asian stocks dropped, following a sharp fall on Wall Street over fears of a market correction and concerns the conflict in Ukraine could escalate. The open was marked at 3322.58 and the close was marked at 3320.23.
STI
Day Performance
|
|
Open |
3322.58
|
High |
3323.01
|
Low |
3313.92
|
Close |
3320.23
|
Change(Points) |
-7.44
|
% Change |
-0.22%
|
Volume |
1442.0M
|
Rise |
129
|
Fall |
289
|
Unch |
691
|
Market forecast for STI:
Due to the Ukraine crises the prices are still dropping down .We may expect bullishness only if the market moves out from the cause of the crises.
Due to the Ukraine crises the prices are still dropping down .We may expect bullishness only if the market moves out from the cause of the crises.
STI
LEVELS
|
|||||
Support
1
|
Support
2
|
Support
3
|
Resistance
1
|
Resistance
2
|
Resistance
3
|
3300
|
3280
|
3260
|
3340
|
3350
|
3360
|
Top
Gainers
|
Top
Losers
|
||||
Scrip
Name |
CMP |
%change |
Scrip
Name |
CMP |
%change |
Olam Intl |
2.44 |
1.67 |
Global Logistic |
2.71 |
-2.87 |
OCBC Bank |
10.1 |
1.41 |
ComfortDelGro |
2.59 |
-2.26 |
SIA Engineering |
4.6 |
1.1 |
CapitaLand |
3.37 |
-2.04 |
SPH |
4.18 |
0.97 |
Jardine C&C |
45.96 |
-1.44 |
Golden Agri-Res |
0.535 |
0.94 |
CityDev |
10.03 |
-1.18 |
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