finally closed at lower level @ 2978.84 with loss of 15.22 points down by 0.51%.
Volume was 1.64 billion shares worth $1.33 billion. Losers led gainers 318 to 117. Singapore fuel oil stocks near 9-1/2 month high.
After a last two days of up move STI today fails to hold the same movement and slips below 3k mark again but took support near to good level @ of 2975. If STI sustain above this level then it will be beneficial for long holders.
For the coming days, investors have to follow a cautious approach in markets as market was at high levels so some profit taking is possible from higher levels.