Published:
Daily Markets Briefing: STI up 0.5%
Expect more good news today.
According to OCBC, the modest gains on Wall Street overnight could cue the local bourse to another positive start this morning.
Here’s more from OCBC:
Following yesterday’s 0.5% recovery, the STI is now just a tad below the 3310 immediate resistance; it could potentially test this level again today.Should the index overcome this 3310 obstacle, it is then likely to head higher towards the next hurdle at the 3380 key peak.
On the downside, 3265 recent trough is the immediate support, with the subsequent base at the 3230 key troughs.
Read Here
Advertise
Sign Up
