Market Review for STI:
Singapore share opened flat today where STI made a gap down opening at 3186.43 further it took the upside move and made a high of 3211.96 and closed at the higher side at 3204.09, STI formed the green candle for the day.
- STI Day Performance
Open3186.43 High3211.96 Low3186.09 Close3204.09 Change(Points)+10.50 % Change0.33 Volume1945.9M Rise249 Fall146 Unch673
Today STI formed a green candle for the day with a long real body and a long upper shadow. After making two red candles on the daily basis today it made a long green candle and takes an up move. Today STI formed the Bullish Belt-Hold Line pattern for the day.
RSI is above the centre line @65.13 where CCI is @ 82.76
- STRAITS TIME LEVELS
Support 13194 Support 23180 Support 33160 Resistance 13214 Resistance 23230 Resistance 33250
Important Factor for today:-
- SGX announced that the customer will have a direct access to transparent clearing services, this will effect greater optional efficiency and cost saving through its platform.So companies and banks who want to hedge their exposure between the Thai baht and Malaysian ringgit through non-deliverable interest rate swaps (NDIRS) are now able to do so directly at the Singapore Exchange (SGX), instead of going through their banks.
- Intellectual Property Office of Singapore launched a new S$ 100 Million intellectual Property Financing Scheme to help the local business.
- Scrip NameCMP%change
JSH 500US$35.25-0.14 StarHub4.18-0.24 HKLand US$6.52-0.31 JMH 400US$61.11-0.62 HPH Trust US$0.645-0.77
- Scrip NameCMP%change
Noble Grp1.284.92 Jardine C&C48.553.08 GoldenAgr0.592.61 SembMar4.111.99 UOB21.861.44
Market Review for KLCI:
KLCI opened flat today later was not able to take any upside and formed a Red candle for the day. Today low of 1851.37 was made where KLCI closed at 1852.31. Buyers were dominated by the sellers in today’s session.
- KLCI Day PerformanceOpen1861.03High1861.19Low1851.37Close1852.31Change(Points)-10.59% Change0.57Volume1894.9MRise389Fall424Unch1312
Market forecast for KLCI:
A Long Red candle was formed for the day with a very little lower shadow, Red Marubozu pattern formation was there on the chart on the daily basis in which there is the long real body.
RSI is above the centre line @59.96 else CCI is @88.44