Market
Review for STI:
Share prices opened lower at 3220.13.Asian markets edged up on Wednesday on bargain-hunting, although gains were limited following more losses on Wall Street, while investors await the outcome of a Federal Reserve policy meet. Marked ended with a bullishness at the level of 3227.23.
Share prices opened lower at 3220.13.Asian markets edged up on Wednesday on bargain-hunting, although gains were limited following more losses on Wall Street, while investors await the outcome of a Federal Reserve policy meet. Marked ended with a bullishness at the level of 3227.23.
STI
Day Performance
|
|
Open
|
3220.13
|
High
|
3232.64
|
Low
|
3200.63
|
Close
|
3227.23
|
Change(Points)
|
+12.14
|
% Change
|
+0.38%
|
Volume
|
1208.5M
|
Rise
|
174
|
Fall
|
192
|
Unch
|
829
|
Market forecast for STI:
It may be expected that STI will take little correction from previous down trend.
It may be expected that STI will take little correction from previous down trend.
STI
LEVELS
|
|||||
Support 1 |
Support 2 |
Support 3 |
Resistance 1 |
Resistance 2 |
Resistance 3 |
3210 |
3200 |
3190 |
3240 |
3250 |
3260 |
Technical Indicators:
RSI is at 36 and CCI is at 302.
RSI is at 36 and CCI is at 302.
Top
Gainers
|
Top
Losers
|
||||
Scrip Name
|
CMP
|
%change
|
Scrip Name
|
CMP
|
%change
|
SEMBCORP MARINE.SG |
3.16 |
9.34 |
GOLDEN AGRI-RES.SG |
0.425 |
-4.49 |
KEPPEL CORP.SG |
8.22 |
3.01 |
SIA.SG |
11.31 |
-2.42 |
SGX.SG |
7.54 |
2.03 |
CAPITALAND.SG |
3.1 |
-1.27 |
OLAM INTL.SG |
1.98 |
1.54 |
SIA ENGINEERING.SG |
3.92 |
-1.01 |
SEMBCORP IND.SG |
4.16 |
1.46 |
WILMAR INTL.SG |
3.11 |
-0.64 |
Important Factor for today:-
- Singapore's non-oil domestic exports (NODX) grew 1.6 per cent in November from a year earlier, as a jump in pharmaceuticals exports outweighed the fall in electronic shipments, figures by trade agency IE Singapore showed on Wednesday.
- Market cap of 23 Offshore Marine firms falls 15.7% in a month amid oil rout .Offshore support services firms listed in Singapore have seen their returns decline by more than one-tenth over the year, in line with falling oil prices, with some of the larger companies among these losing more than half of their returns during the same period.
- Buoyed perhaps by their year-end bonuses and the holiday season, Singapore consumers ended 2014 slightly more optimistic about their finances and the economy
- Asian markets edged up on Wednesday on bargain-hunting, although gains were limited following more losses on Wall Street, while investors await the outcome of a Federal Reserve policy meeting.
- Supplies of western-origin fuel oil into Asia in January could hit its highest in nine months, as multi-year low crude prices fuel higher production of oil products in Europe and the America.
- The Competition Commission of Singapore (CCS) is seeking feedback on the proposed joint venture between the Boeing Company and SIA Engineering Company in Singapore.