Market Review for STI:
Share prices opened lower with STI down 3.69 points to 3,298.80.Asian shares were mixed today, with the Tokyo market shrugging off data showing a contraction in the Japanese economy as investors awaited the release of key US and Chinese data. The market closed lower breaking the support of 3307 and closed at 3301.41.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEivbobp6ZQhiMcyWmzPugbRKfgepotR6msF5TasNnCO_PMZclaYekdir1LCsJiB1SNBjHpi8xjxRYLAGr_cIMa_tOV5mryhiO_RBk128Akpilq55mToi6royg_RckBsVB2diJs19VDocKQ/s1600/STI.png)
STI
Day Performance
|
|
Open |
3298.80
|
High |
3303.90
|
Low |
3293.51
|
Close |
3301.41
|
Change(Points) |
-1.98
|
% Change |
-0.06%
|
Volume |
1633.0M
|
Rise |
202
|
Fall |
186
|
Unch |
725
|
Market forecast for STI:
We
may expect STI to slide down further as it is below the support level
.It may again take support in the range of 3280-3290.
STI
LEVELS
|
|||||
Support 1 |
Support 2 |
Support 3 |
Resistance 1 |
Resistance 2 |
Resistance 3 |
3290
|
3275
|
3260
|
3330
|
3340
|
3350
|
RSI is below the centre line at 45.83 and CCI is at -38.79.
Top
Gainers
|
Top
Losers
|
||||
Scrip
Name |
CMP |
%change |
Scrip
Name |
CMP |
%change |
OLAM INTL |
2.5 |
1.63 |
THAIBEV |
0.625 |
-1.57 |
CITYDEV |
10.05 |
1.21 |
COMFORTDELGRO |
2.56 |
-1.54 |
CAPITALAND |
3.35 |
0.9 |
DB |
17.78 |
-1.44 |
NOBLE |
1.365 |
0.74 |
GENTING SING |
1.27 |
-1.17 |
GLOBAL LOGISTIC |
2.75 |
0.73 |
SEMBCORP MARINE |
3.97 |
-0.75 |
THAIBEV |
0.625 |
-1.57 |
THAIBEV |
0.625 |
-1.57 |
- Hong Kong stocks opened 0.15 per cent higher as investors shrugged off a weak lead from the US and European markets.
- PALM oil firm Bumitama Agri saw net profit surge 89.6 per cent year on year to 293.34 billion rupiah (S$31.34 million) for the second quarter ended June 30, bolstered by the higher selling price and sales volume of both crude palm oil and palm kernel.
- Net profit for palm oil producer First Resources dropped 30.8 per cent year on year to US$26.09 million in the second quarter ended June 30, 2014, as operating profit fell due to the lower selling prices of crude palm oil and its refined products.
- Swiber Holdings, the support services provider to the offshore oil and gas industry, reported a net profit of US$63 million for the six months ended June 30 (HY2014), up 68.3% from US$37.4 million in the same period a year ago.