Market Review for STI:
STI performed in a mixed sentiments today as opened at 3262 where buyers and sellers were not able to take the market in one direction so the open & close were almost the same with a high of 3268.92 & low was @ 3252.48.

Market forecast for STI:
STI formed Doji candle for the day where the very little body was formed with same open & close we expect some recovery in STI in tomorrow's session.
Technical indicators:
RSI is above the centre line @57.29, where CCI @48.12.

Important Factor for today:-

• MAPLETREE Investments Pte Ltd announced a net profit of S$859.4 million, which went down to 7.8 per cent from a year ago.
• SHARES of STATS ChipPAC is in heavy trade this morning, a third party acquired the Temasek-linked semiconductor packaging and testing services company.
• SINGTEL looking forward to buy back up to 594,965 shares under the telco’s performance share plan.
• City Developments Limited (CDL) sold most of its launch units in the Coco Palms project over the weekend after trimming the price tag.
• SMRT Corporations increased the amount of notes to S$1.3 billion, up from S$1 billion that may be issued under its multi-currency medium term note programme.
• OCBC Bank is planning to scatter S$3 million to its employees as first pay-out under the Wage Credit Scheme (WCS).

Market Review for KLCI:
Today KLCI opened at 1884.88 and took upside, made a high of 1889.47. else the low of day was near to open price @1884.47 and closed @1887.07.

Market forecast for KLCI:
KLCI formed a inverted hammer candle for the day and took a good upside as the trend line is formed with the higher highs and higher lows, for tomorrow we expect some upside in KLCI.

Technical indicators:
RSI is about to enter in the overbought phase, is @71.74 where the CCI is @214.07