SGX Singapore Stocks & Forex Live Picks
SGX Singapore : STI Technical Outlook 05 Aug
Your Advisor
Publish date: Tue, 05 Aug 2014, 08:15 PM
Your Advisor
0 10,453
Blog for SGX Singapore Stock & Forex Recommendations gives you Live Stock Picks, we provide all SGX Stock Picks, Singapore Share Prices, Forex Trading Recommendation along with STI Quotes. Get Live SGX Singapore Picks.
Market Review for STI:
Share prices opened higher today with the STI up 9.16 points to 3,326.91.Hong Kong stocks rose 0.32 per cent today morning, after a positive lead from Wall Street and in anticipation of the release of HSBC's July index of manufacturing activity in China. Close of the day was marked at 3327.05 .The high was marked at 3332.68, seems that the market tried to recover the last two days downfall.
Share prices opened higher today with the STI up 9.16 points to 3,326.91.Hong Kong stocks rose 0.32 per cent today morning, after a positive lead from Wall Street and in anticipation of the release of HSBC's July index of manufacturing activity in China. Close of the day was marked at 3327.05 .The high was marked at 3332.68, seems that the market tried to recover the last two days downfall.
STI Day Performance | |
| Open | 3326.91 |
| High | 3332.68 |
| Low | 3319.83 |
| Close | 3327.05 |
| Change(Points) | +8.65 |
| % Change | +0.26 |
| Volume | 1472.0M |
| Rise | 240 |
| Fall | 182 |
| Unch | 687 |
Market forecast for STI:
As the market took a bearish start this week and today found out to be little bullish, we may consider it as the change in trend .STI formed a green doji for the day which indicates indecision. In such case, the next day candle will give the conformation.
As the market took a bearish start this week and today found out to be little bullish, we may consider it as the change in trend .STI formed a green doji for the day which indicates indecision. In such case, the next day candle will give the conformation.
| STI LEVELS | |||||
| Support 1 | Support 2 | Support 3 | Resistance 1 | Resistance 2 | Resistance 3 |
| 3300 | 3280 | 3260 | 3340 | 3350 | 3360 |
Technical indicators:RSI is at 53.99 and CCI is at 22.40.
| Top Gainers | Top Losers | ||||
| Scrip Name | CMP | %change | Scrip Name | CMP | %change |
| ComfortDelGro | 2.65 | 2.71 | Sembcorp Marine | 4.03 | -1.71 |
| ThaiBev | 0.63 | 1.61 | SIA Engineering | 4.55 | -1.3 |
| StarHub | 4.23 | 1.44 | Olam Intl | 2.4 | -1.24 |
| SingTel | 3.92 | 1.29 | CityDev | 10.15 | -1.17 |
| CapitaLand | 3.44 | 1.18 | HongkongLand USD | 6.87 | -0.87 |
Important Factor for today:-
- CapitaLand, second-quarter profit rose 14% on higher gains from investment properties.Net income increased to $438.7 million in the three months ended June 30 from $383.3 million a year earlier.
- Ezra Holdings, the contractor and provider of integrated offshore solutions to the oil and gas industry, today announced that its Subsea Services division, EMAS AMC, has been awarded several projects around the world worth close to US$110 million, including options.
- Oversea-Chinese Banking Corp, Southeast Asia's second-largest lender, posted a larger-than-estimated 54% increase in second-quarter profit on loan growth and higher income from fee-generating businesses.
More articles on SGX Singapore Stocks & Forex Live Picks
There's No Recession, but a Market Correction Could Cause One
Created by Your Advisor | May 10, 2017
TECH TARGETS: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD - UOB
Created by Your Advisor | Mar 23, 2017
M Asia Trade Tech Targets: EUR/USD, AUD/USD, NZD/USD, USD/JPY - UOB
Created by Your Advisor | Mar 22, 2017
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
2
CEO Morning Brief
Keppel DC REIT Buys Data Centres in Singapore’s Genting Lane for S$1b
3
CEO Morning Brief
Marina Bay Sands Eyes Singapore’s Largest Loan of US$9b — Bloomberg
4
CEO Morning Brief
WeWork Gives Up Singapore Locations in Sign of Co-working Woes
5
RHB Investment Research Reports
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
