Singapore SGX - Stock Market Updates

STI Review

Stocks rose on Tuesday after Wall Street was boosted overnight by Federal Reserve Chairman Ben Bernanke's signal for supportive monetary policy.

Straits Times Index added 27.21 points or 0.91% to 3,001.71. STI opens higher and then it slips down and took support @ 2992.44 levels and again started its rally and made a day high of 3018.91 and closed @ same level with gain of 44.41 points up by 1.49%.

Singapore shares marched higher by midday as Asian markets strengthened following upbeat comments from Federal Reserve Chairman Ben Bernanke on monetary policy and closed Volume was 1.81 billion shares worth $1.41 billion. Gainers led losers 293 to 102.

STI for Tomorrow

It was a great rally of STI today in the 2nd half of the trading day and STI crossed and closed above the 3k mark @ 3018.91 levels.

STI formed a big white candle which totally engulf the previous days black candle and even covers last 5 days looses in the single day which is good sign and as it closed above 3011 levels also a additional score in STI

recovery graph.

STI faced strong Resistance @ its technical pattern’s higher level and slips from 3035 levels and now it can’t able to sustains its 3000 mark, if it will sustain this level than only it can move higher levels.

We think that investors have to adopt cautious approach towards any trade as the market is volatile and uncertain so to keep strict stop loss for any position.

STI Review

STI having nearest support @ 3000 and below this level it can take support @ 2970-2945 level is the major support

zone.

STI for Tomorrow

STI having Resistance @ 3025 and above this level it may take resistance @ 3045-3065 levels.

SGX Singapore Stock Market live Updates

STI, SGX Singapore Today

The market kicked off the week little changed on Monday with the key Straits Times Index up 3.58 points or 0.11% to 2,993.66.

Singapore Straits Times Index opens below 3k mark and most of the day its trading in the narrow range but in the last trading hour and made a day low of 2974.50 and closed @ same level with loss of 15.58 points down by 0.52%.
 

Singapore shares closed at their lowest level in two weeks, with casino operator Genting Singapore PLC ranking as the biggest decliner in the benchmark index. Volume was 1.46 billion shares worth $1.02 billion. Losers led gainers 206 to 148.

SGX Market Tomorrow

 Week start on lower node and also closed @ day’s low point @ 2974.50, just above its major support level of 2970.

STI faced strong Resistance @ its technical pattern’s higher level and slips from 3035 levels and now it can’t able to sustains its 3000 mark, if it will sustain this level than only it can move higher levels.

We think that investors have to adopt cautious approach towards any trade as the market is volatile and uncertain so to keep strict stop loss for any position.

STI Support

STI having nearest support @ 2970 and below this level it can take support @ 2945-2925 level is the major support zone.

STI Resistance

STI having Resistance @ 2995 and above this level it may take resistance @ 3015-3040 levels.

For Dialy Stock Picks, Intraday Picks, Live SGX Stock Picks Fill the Form.

SGX Singapore Live

Subscription Of 50 Million New Ordinary Shares At S$0.105 Each
ecoWise Holdings Limited wishes to announce that it has entered into a subscription agreement dated 20 February 2012 with Lim Chye Huat @ Bobby Lim Chye Huat, Cheong Gim Kheng, Chew Lee Choo, Tan Sze Seng, Tan Tiong Beng, Lau Chee Herng, Joyce Ng E-Ming, Lee Seng Chuan and Yong Chor Ken. The Company will be seeking the authority of the shareholders of the Company at the annual general meeting to be held on 28 February 2012 for a general share issue mandate, and will be allotting and issuing the Subscription Shares pursuant to such Share Issue Mandate.

Brief: EcoWise (SGX Symbol: 5CT) has resumed trading from trading halt.

Click Here & Get all Singapore stock pic,s Live SGX Share Prices - SGX Stock Picks