Market Review for STI:
Share prices opened lower at 3220.13.Asian markets edged up on Wednesday on bargain-hunting, although gains were limited following more losses on Wall Street, while investors await the outcome of a Federal Reserve policy meet. Marked ended with a bullishness at the level of 3227.23.
STI Day Performance |
Open | 3220.13 |
High | 3232.64 |
Low | 3200.63 |
Close | 3227.23 |
Change(Points) | +12.14 |
% Change | +0.38% |
Volume | 1208.5M |
Rise | 174 |
Fall | 192 |
Unch | 829 |
Market forecast for STI:
It may be expected that STI will take little correction from previous down trend.
STI LEVELS |
Support 1 | Support 2 | Support 3 | Resistance 1 | Resistance 2 | Resistance 3 |
3210 | 3200 | 3190 | 3240 | 3250 | 3260 |
Technical Indicators:
RSI is at 36 and CCI is at 302.
Top Gainers | Top Losers |
Scrip Name | CMP | %change | Scrip Name | CMP | %change |
SEMBCORP MARINE.SG | 3.16 | 9.34 | GOLDEN AGRI-RES.SG | 0.425 | -4.49 |
KEPPEL CORP.SG | 8.22 | 3.01 | SIA.SG | 11.31 | -2.42 |
SGX.SG | 7.54 | 2.03 | CAPITALAND.SG | 3.1 | -1.27 |
OLAM INTL.SG | 1.98 | 1.54 | SIA ENGINEERING.SG | 3.92 | -1.01 |
SEMBCORP IND.SG | 4.16 | 1.46 | WILMAR INTL.SG | 3.11 | -0.64 |
Important Factor for today:-
Singapore's non-oil domestic exports (NODX) grew 1.6 per cent in November from a year earlier, as a jump in pharmaceuticals exports outweighed the fall in electronic shipments, figures by trade agency IE Singapore showed on Wednesday.
Market cap of 23 Offshore Marine firms falls 15.7% in a month amid oil rout .Offshore support services firms listed in Singapore have seen their returns decline by more than one-tenth over the year, in line with falling oil prices, with some of the larger companies among these losing more than half of their returns during the same period.
Buoyed perhaps by their year-end bonuses and the holiday season, Singapore consumers ended 2014 slightly more optimistic about their finances and the economy
Asian markets edged up on Wednesday on bargain-hunting, although gains were limited following more losses on Wall Street, while investors await the outcome of a Federal Reserve policy meeting.
Supplies of western-origin fuel oil into Asia in January could hit its highest in nine months, as multi-year low crude prices fuel higher production of oil products in Europe and the America.
The Competition Commission of Singapore (CCS) is seeking feedback on the proposed joint venture between the Boeing Company and SIA Engineering Company in Singapore.