Market
Review for STI:
Shares of Singapore opened up with the Straits Times Index up 24.47 points to 3,330.11.Singapore shares moved up in morning as oil prices rebound from five-year lows prompted short-covering. Therefore Market breadth was slightly positive but Investors at large remained worried. Top 5 Stocks for Tomorrow
Shares of Singapore opened up with the Straits Times Index up 24.47 points to 3,330.11.Singapore shares moved up in morning as oil prices rebound from five-year lows prompted short-covering. Therefore Market breadth was slightly positive but Investors at large remained worried. Top 5 Stocks for Tomorrow
STI
Day Performance
|
|
Open
|
3322.32
|
High
|
3337.57
|
Low
|
3304.83
|
Close
|
3322.32
|
Change(Points)
|
16.68
|
% Change
|
0.50 %
|
Volume
|
1159.7
|
Rise
|
204
|
Fall
|
155
|
Unch
|
427
|
Market forecast for STI:
STI may go down as we can see a bearish movement in the market though the market was little up.
STI may go down as we can see a bearish movement in the market though the market was little up.
STI LEVELS
|
|||||
Support 1 |
Support 2 |
Support 3 |
Resistance 1 |
Resistance 2 |
Resistance 3 |
3330 |
3290 |
3280 |
3340 |
3355 |
3365 |
Technical Indicators:
RSI is at 54 and CCI is at 15.26
RSI is at 54 and CCI is at 15.26
Top Gainers
|
Top Losers
|
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Scrip Name
|
CMP
|
%change
|
Scrip Name
|
CMP
|
%change
|
SIA.SG |
10.9 |
2.83 |
CITYDEV.SG |
9.89 |
-1.69 |
OLAM INTL.SG |
2.13 |
2.4 |
HONGKONGLAND USD.SG |
6.77 |
-1.17 |
THAIBEV.SG |
0.675 |
2.27 |
SIA ENGINEERING.SG |
4.07 |
-0.97 |
GOLDEN AGRI-RES.SG |
0.455 |
2.25 |
JMH USD.SG |
62.05 |
-0.56 |
OCBC BANK.SG |
10.39 |
1.66 |
KEPPEL CORP.SG |
8.53 |
-0.35 |
Important Factor for today:-
- SINGAPORE - Falling oil prices pushed the ringgit to a 10-month low against the Singapore dollar on Monday, on concerns that Malaysia's heavy reliance on oil-related revenue would hurt growth.
- One Singdollar now buys RM2.63, a 2.3 per cent slide from RM2.57 last week. This was the ringgit's steepest two-day slide since the Asian financial crisis, and analysts expect that it will fall further.
- Asian shares were mixed on Tuesday following a weak lead from Wall Street, while energy firms clawed back some losses and airlines dipped after oil prices rebounded from multi-year lows
- Too much optimism has been "baked into" Singapore's office property market, even though landlords can still expect favourable rental prospects over the next 12 months amid a benign supply situation, according to AmFraser.
- Spackman Entertainment Group has inked a non-binding memorandum of understanding to buy 51 per cent of post-production house Fireworks Co, the Korean entertainment production company announced early Tuesday.
- (SGX) has hired TradingScreen to create its over-the-counter Asian bond trading platform, TradingScreen announced on Tuesday.