, Singapore

Daily Markets Briefing: STI up 0.1%

Expect strong gains today.

According to OCBC, the strong rebound on Wall Street Friday could provide a lift to the battered local sentiment; the Nikkei has surged 4.3% in early trade.

Here's more from OCBC:

But with the US markets shut tonight, as well as the restart of the Chinese markets after the CNY break, overall tone could still remain somewhat cautious. 

As before, investors will be watching the key 2600 level closely again; continued failure by the STI to convincingly regain that level could spark more selling into strength and send the index back towards 2500 in the near term.

Above 2600, we peg the next hurdle at 2650, ahead of the key 2700 psychological barrier 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Exclusives

Monday.com picks Singapore for Southeast Asia expansion
Its in-house designers created Singapore-inspired artwork in the company's colors.
Tsuklio targets dual-income families in Singapore expansion
The Japanese meal subscription platform logged 3,000 pre-registrations before launch.
Choosier Asia buyers steer auctions toward rare art
Collectors are bidding harder for works with clear ownership histories.