, Singapore

Daily Markets Briefing: STI down 0.67%

Brace for a pullback today.

According to OCBC, the muted showing on Wall Street Friday could impart a sense of caution to the local bourse today, potentially extending the STI’s 0.67% falls in the previous session.

Here's more from OCBC:

We peg the immediate support around 2835, ahead of the key 2815 psychological level; on the upside, we peg the initial hurdle at 2870, ahead of 2885. 

Overall volume shrank 27.6% with 0.9b units traded, with the total value dropped 9.9% to S$679.8m; while average value/unit gained 25% to S$0.76.

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!