, Singapore

Daily Markets Briefing: STI up 2.0%

Negative opening seen this morning.

The retreat by all major US indices overnight could spook the local bourse to a similarly negative opening this morning.

OCBC’s Overnight Market Commentary reveals that the STI continues to consolidate within the 3310 to 3360 horizontal trading band, following yesterday’s 0.2% mild recovery.

OCBC says that with today’s tone likely to turn more downside biased, the index could be seen sliding lower in the direction of the lower band again.
 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!