Daily Markets Briefing: STI up 0.1%

Expect more good news today.

According to OCBC, with US indices registering record highs again overnight, this is likely to provide some inspiration to the local bourse this morning.

Here's more from OCBC:

Following yesterday 0.1% gain, the STI could inch higher in the direction of the 3360 key resistance again soon.

Beyond that, we continue to see the subsequent hurdle at the 3390 key peak.

On the downside, the immediate base is pegged at the 3315 resistance-turned-support, followed by the next support at the 3270 level.

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