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STI Market Updates - End of the Day Summary

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Publish date: Mon, 17 Dec 2012, 08:25 PM
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Singapore shares were up slightly on the opening session, but after that it fails to continue the same trend and closed lower.

STI opens 3168.06 levels and then it made a day high of 3173.22, but faced resistance @ this level and then fell down and took support @ 3150.40 levels. Finally closed @ 3158.70 levels with loss of 9.73 points down by 0.31%.Volume were 1.95 billion shares worth S$1.02 billion. Losers outnumbered gainers 260 to 182.

Singapore's non-oil domestic exports (NODX) declined by 2.5% in November, compared to the 7.9% increase in the previous month. The figure was worst than market expectations for a 2.1% rise. On a month-on-month basis, exports decreased marginally by 0.3 % in November, following the previous month's 1.2% contraction.
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