Singapore Stock Market News
Asia to pause for now?
StockFanatic
Publish date: Mon, 18 Mar 2013, 12:22 PM
StockFanatic
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
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| MSCI Asia ex-Japan's weekly chart |
The MSCI Asia ex-Japan's weekly chart shows likely short-term
consolidation ahead for the index but the long-term trend remain
positive. The S&P500 is only 30pts away from the potential
megaphone formation that we have been highlighting over the past
few months. Malaysia's KLCI rebound could have ended early this
week and the next downleg has started. The key support for the KLCI
lies between 1,560 and 1,580pts.
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