Market
Review for STI:
share prices opened higher with the Straits Times Index up 2.65 points to 3,463.50. Singapore shares drifted between the positive and negative territory in a moribund trading session, due to a lack of fresh leads as US markets were closed overnight for the Memorial Day holiday.
share prices opened higher with the Straits Times Index up 2.65 points to 3,463.50. Singapore shares drifted between the positive and negative territory in a moribund trading session, due to a lack of fresh leads as US markets were closed overnight for the Memorial Day holiday.
STI
Day Performance
|
|
Open
|
3463.92
|
High
|
3467.10
|
Low
|
3456.85
|
Close
|
3459.98
|
Change(Points)
|
-0.87
|
% Change
|
0.03%
|
Volume
|
1663.9M
|
Rise
|
198
|
Fall
|
239
|
Unch
|
919
|
Market forecast for STI:
We may expect STI will go down in next trading session.
We may expect STI will go down in next trading session.
STI LEVELS
|
|||||
Support 1 |
Support 2 |
Support 3 |
Resistance 1 |
Resistance 2 |
Resistance 3 |
3457
|
3352
|
3320
|
3475
|
3520
|
3550
|
Technical Indicators:
RSI is at 49 and CCI is at 2.
RSI is at 49 and CCI is at 2.
Top Gainers
|
Top Losers
|
||||
Scrip Name
|
CMP
|
%change
|
Scrip Name
|
CMP
|
%change
|
st
engineering.sg |
3.42
|
1.48
|
ascendas
reit.sg |
0.43
|
-2.27
|
sph.sg |
8.74
|
1.04
|
capitaland.sg |
0.92
|
-1.08
|
singtel.sg |
3.05
|
0.99
|
capitamall
trust.sg |
61.01
|
-0.83
|
sia.sg |
4.19
|
0.48
|
citydev.sg |
3.63
|
-0.82
|
sia
engineering.sg |
4.24
|
0.47
|
comfortdelgro.sg |
0.665
|
-0.75
|
Important Factor for today:-
- Valuetronics Holdings posted a 0.9 per cent increase in net profit to HK$149.2 million (S$25.7 million) for its full year ended March 31, 2015.
- AVJennings has signed agreements to acquire the Waterline Place project in Williamstown, Victoria.
- Stamford Land Corp reported an 87.5 per cent surge in net profit to S$5.39 million for the fourth quarter ended March 31, 2015, as revenue was boosted by its property development segment.
- Jason Marine turned in a 39.8 per cent rise in net profit to S$3.89 million with help from higher net exchange gain.
- Fischer Tech reported a net profit of S$7.48 million for the financial year ended March 31, 2015, up 12.7 per cent year on year.
- DBS Bank as ramped up its commitment to Marina Bay, with a pledge of S$12 million over three years to further boost activities in the area.
- Singapore's GDP growth revised down to average 2-4% per year from now to 2020: MTI.
- Singapore's Q1 non-oil domestic exports up 4.8% from a year ago.
- Singapore's Q1 GDP growth better than expected at 2.6%.
- Brent trades near $65 with volumes lower amid public holidays.
- Gold struggles near US$1,200 on Yellen comments, robust dollar.