Market Review for STI:
STI up by 11 points and opened at 3254.490. Asian stocks rose, with the regional index extending gains from a six-year high, after reports showing manufacturing expansion in the world's two biggest economies sent U.S. equity gauges to records. Close for the day was observed at 3263.910 and the high and low at 3264.180 & 3250.530.Market today was at a good pace, many of the Asian counters are on higher levels.
STI Day Performance | |
Open | 3254.490 |
High | 3264.180 |
Low | 3250.530 |
Close | 3263.910 |
Change(Points) | +21.270 |
% Change | +0.66 |
Volume | 1913.0M |
Rise | 248 |
Fall | 146 |
Unch | 731 |
Market forecast for STI:
After the downfall from the level of 3300 to 3250, market reversed its trend and stated moving up. This level of rise would indicate a bullish trend in the market. We may expect buying in it.
Technical indicators:
RSI is near to centre line and is at 48.058; CCI is at -83.285.The 20days EMA &50 days EMA is at 3269.117&3255.790.
STI LEVELS | |
Support 1 | 3260 |
Support 2 | 3255 |
Support 3 | 3250 |
Resistance 1 | 3269 |
Resistance 2 | 3272 |
Resistance 3 | 3280 |
Important Factor for today:-
Top Gainers | Top Losers | ||||
Scrip Name | CMP | %change | Scrip Name | CMP | %change |
Jardine C&C | 44.47 | 2.21 | Olam Intl | 2.49 | -1.19 |
Noble | 1.39 | 2.21 | CapitaMall Trust | 1.95 | -0.51 |
Ascendas Reit | 2.32 | 1.75 | ST Engineering | 3.81 | 0.26 |
ComfortDelGro | 2.5 | 1.63 | Keppel Corp | 10.74 | 0.28 |
JSH 500 USD | 36.8 | 1.29 | OCBC Bank | 9.48 | 0.32 |
Market Review for KLCI:
Malaysian Share prices opened on a mixed note with KLCI down to 0.11 points to 1879.01. Market boosted buying sentiments in green market. If market opens above 1886.84 tomorrow, it may trade in between.
KLCI Day Performance | |
Open | 1879.01 |
High | 1886.84 |
Low | 1877.84 |
Close | 1886.84 |
Change(Points) | 7.720 |
% Change | 0.41% |
Volume | 1878.7M |
Rise | 470 |
Fall | 336 |
Unch | 831 |
Market forecast for KLCI:
KLCI found minor support near 1879.12 levels; buyers dominated sellers and formed a green candle for the day. It is still below the resistance of 1892.33, if it is broken by the higher prices, expected to go up.
KLCI LEVELS | |
Support 1 | 1867 |
Support 2 | 1857 |
Support 3 | 1842 |
Resistance 1 | 1896 |
Resistance 2 | 1906 |
Resistance 3 | 1921 |
Technical indicators:
RSI stood below the centre line at 57.252 with its CCI at 65.832. Difference line of MACD performed at 4.143 overlapped its signal line which performed at 4.209.
Top Gainers | Top Losers | ||||
Scrip Name | CMP | %change | Scrip Name | CMP | %change |
PPB | 15.2 | 2.01 | PETDAG | 23.82 | -0.67 |
TENAGA | 12.38 | 1.48 | HLBANK | 13.86 | -0.29 |
SKPETRO | 4.4 | 1.38 | GENTING | 9.93 | -0.2 |
IOICORP | 5.23 | 1.36 | KLCC | 6.52 | -0.15 |
FGV | 4.21 | 1.2 | MAYBANK | 9.84 | 0.1 |