7:53 PM
Unknown
Market Review for STI:
Singapore shares opened higher, with Straits Times Index at 3,313.83 in early trade, up 0.11 per cent. The equity markets had a good start today after Malaysian Airlines flight MH17 crashed near the Ukraine-Russia border. STI managed to end the day in positive territory at 3314.27 points. Closes higher than the previous day close. High and low was observed at 3320.25 & 3309.17.
Singapore shares opened higher, with Straits Times Index at 3,313.83 in early trade, up 0.11 per cent. The equity markets had a good start today after Malaysian Airlines flight MH17 crashed near the Ukraine-Russia border. STI managed to end the day in positive territory at 3314.27 points. Closes higher than the previous day close. High and low was observed at 3320.25 & 3309.17.
STI
Day Performance
|
|
|
Open
|
3313.83
|
|
High
|
3320.35
|
|
Low
|
3309.17
|
|
Close
|
3314.27
|
|
Change(Points)
|
+3.74
|
|
% Change
|
+0.11%
|
|
Volume
|
1528.8M
|
|
Rise
|
203
|
|
Fall
|
181
|
|
Unch
|
401
|
Market forecast for STI:
STI formed a green doji indecisive candlestick which is indicating indecision for buying and selling. The next candle formation can confirm whether the index will move up or consolidate. We may expect a bullish trend as per indicators.
STI formed a green doji indecisive candlestick which is indicating indecision for buying and selling. The next candle formation can confirm whether the index will move up or consolidate. We may expect a bullish trend as per indicators.
|
STI
LEVELS
|
|||||
|
Support
1
|
Support
2
|
Support
3
|
Resistance
1
|
Resistance
2
|
Resistance
3
|
|
3300
|
3285
|
3270
|
3325
|
3340
|
3350
|
Technical indicators:RSI
is at 63.932, CCI is at 159.01 .MACD is at 4.15.
|
Top
Gainers
|
Top
Losers
|
||||
|
Scrip
Name |
CMP |
%
change |
Scrip
Name |
CMP |
%
change |
|
Olam Intl |
2.48 |
1.64 |
Jardine C&C |
46.09 |
-1.14 |
|
CapitaLand |
3.29 |
0.92 |
ST Engineering |
3.74 |
-0.8 |
|
ComfortDelGro |
2.58 |
0.78 |
SIA Engineering |
5.1 |
-0.39 |
|
JSH 500 USD |
36.2 |
0.69 |
Genting Sing |
1.32 |
-0.38 |
|
SIA |
10.55 |
0.57 |
Global Logistic |
2.75 |
-0.36 |
Important Factor for today:-
- The tourism receipt tally in Singapore rose to $6 billion in the first quarter of 2014, a five per cent increase on the same period last year.
- Golden Agri-Resources, the Singapore-listed holding company of crude palm oil producer PT Sinar Mas Agro Resources and Technology (SMART), has invited Spain-based Compania Espanola de Petroleos (Cepsa) to produce and sell fatty alcohol.
- Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard has secured a Floating Storage Production Offloading (FPSO) conversion contract worth about $600 million from Saipem SA, France for the conversion of Two FPSOs for the Kaombo Project in Offshore Angola.
- UOB’s economic-treasury research division says in a note today that these geo-political tensions could continue to negatively impact markets.
- CapitaCommercial Trust (CCT) reported 2Q14 distributable income of S$64.1m – 7.6% higher YoY. This cumulates to an YTD distributable income of S$124.0m, which is within expectations and makes up 51.0% of our FY14 forecast.
Posts
