Market Review for STI:
STI opens little bit higher than the previous close @3304.06 and the close was marked @3296.4 ,the low was observed @3292.03 and the high of the day was marked @3304.19.

Market forecast for STI:
STI formed a red candle for the day with a real body and a long lower shadow . This is a stick pattern .The overall trend of the market is uptrend so it is expected that STI is will move in trend .Though today it performed low but is expected to move with the major trend which is up.
Technical indicators:
CCI is @125.89 and RSI is @62.16

Important Factor for today:-

• The board of directors from Oxley Holding proposed to split every two ordinary shares into three shares .This split will increase the market liquidity of the shares and broaden its shareholder base.The company has 2.98 billion issued shares, if proposal accepted then will have 4.42 billion shares .
• YuuZoo, a Singapore e-commerce firm , plans to go public through a S$490.9 million reverse takeover of W corporation ltd.
• The Singapore Minister for Trade and Industry Lim Hng Kiang said ,the infrastructure need to enhance the financing ecosystem’s ability to match projects with available capital .

• China’s factory sector performed best due to the improvement in export orders ,it may be a sign of economic stability.

Market Review for KLCI:
KLCI prices opens 4.41 points up @1866.37 and the close of the day was marked @1872.55 .The high of the day was marked @1872.55 and the closing was @1872.55. The market performed well than the previous day .From the current price movement the RSI is indicating the up movement while CCI indicating the trend reversal.

Market forecast for KLCI:
The KLCI formed a green candle for the day with no shadows and only a real body.The price movement for the next day may be expected to be in a price range of 1860-1890.

Technical indicators:
The CCI is marked @-15.575 and RSI is @53.153