Market Review for STI:
SINGAPORE share prices opened higher with the Straits Times Index up 14.53 points to 3,286.57.Asian markets were mixed as traders took a breather after last week's rally, while Hong Kong and shanghai were barely moved after a weak Chinese manufacturing report.Shares ended higher with the Index gaining 16.59 points to 3,290.84. STI Day Performance |
Open | 3286.57 |
High | 3295.77 |
Low | 3281.30 |
Close | 3290.84 |
Change (Points) | +16.59 |
% Change | +0.51% |
Volume | 2106.1M |
Rise | 272 |
Fall | 149 |
Unch | 371 |
Market forecast for STI:
STI gave a gap up opening and is in uptrend from last four days .The major trend will remain up but it may take a little correction in the coming trading session.
STI LEVELS |
Support 1 | Support 2 | Support 3 | Resistance 1 | Resistance 2 | Resistance 3 |
3260 | 3250 | 3240 | 3320 | 3330 | 3340 |
Technical Indicators:
RSI is at 53.58 and CCI is at 0.235
Top Gainers | Top Losers |
Scrip Name | CMP | %change | Scrip Name | CMP | %change |
SEMBCORP MARINE.SG | 3.74 | 2.75 | GOLDEN AGRI-RES.SG | 0.51 | -1.92 |
HPH TRUST USD.SG | 0.69 | 2.22 | COMFORTDELGRO.SG | 2.59 | -1.89 |
DBS.SG | 18.82 | 1.84 | THAIBEV.SG | 0.755 | -1.31 |
SIA.SG | 10.07 | 1.72 | JSH USD.SG | 35.21 | -1.18 |
UOB.SG | 23.29 | 1.26 | JARDINE C&C.SG | 39.45 | -1.13 |
Important Factor for today:-Penny stock compact metal industries were most actively traded with some 137 million shares worth s$9.4 million on Monday morning.
Singapore refining company will shut a secondary unit at its 290,000 barrels-per-day refinery in Singapore's jurong island this month, sources with knowledge of the matter said on Monday.
Frasers centre point, which recently acquired australand for a$2.6 billion (s$2.9 billion), has picked bob Johnston as chief executive of the combined Frasers property Australia and australand businesses.
SembCorp marine has clinched a us$240 million contract to build a new jack-up drilling rig from repeat customer bot lease co ltd (botl), a leasing company of the bank of tokyo-mitsubishi ufj.
SMRT Corp gains 8.5 Singapore cents or nearly 6 per cent to s$1.57 in the early session. the firm announced last Friday an impressive set of results for second quarter ended September - net profit jumped 76 per cent to s$25.3 million on the back of a 6 per cent rise in revenue to s$314.0 million from a year ago.
OSK DMG has trimmed MTQ corporation ltd's target price to $1.77 on the back of lower utilization in the Singapore facility and slow starts in the binder group.
United Industrial Corporation (UIC) has posted a 37 per cent year-on-year increase in third- quarter net profit to S$59.69 million, on the back of a 17 per cent rise in revenue to S$178.38 million.