Published:
Daily Markets Briefing: STI up 0.09%
Expect muted gains today.
According to OCBC, the muted showing on Wall Street overnight is unlikely to provide much of a boost to the local bourse today.
Here's more from OCBC:
With overall sentiment remains to be cautious ahead of Fed meeting, the STI index is likely to be range bound between 2800 and 2865.
Overall volume shrank 16.3% with 1.6b units traded, and the total value gained 20.9% to S$0.9b; while average value/unit rose 44.4% to S$0.58.
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