Daily Markets Briefing: STI up 0.2%

But a pullback is expected today.

According to OCBC, the sharp retreat on Wall Street overnight is likely to spook the local market to a poor start this morning.

Here's more from OCBC:

As a recap, the STI continued to inch higher in the direction of the 3460 key peak with a 0.2% gain yesterday, albeit signs of a slowing upside momentum.

With sentiments likely to take a turn for the worse today, we could potentially see the index initiating a technical correction back towards the 3390 newly established resistance-turned-support.

Below that, the next base lies at the 3360 key resistance-turned-support. On the upside, the subsequent resistance is pegged at the 3500 psychological hurdle.

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.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia