Daily Markets Briefing: STI up 0.2%

Another loss is likely today.

According to OCBC, the mixed showing on Wall Street after the long weekend could continue to keep local sentiment muted, and see the index drifting sideways yet again today.

Here's more from OCBC:

However, with the STI shedding early gains of as much as 1.3% to end 0.2% lower yesterday, we think that the bias leans towards the downside, especially if the index fails to convincingly retake the key 2800 level.

Above 2800, we peg the next hurdle at 2820 and then 2850. Immediate support remains at 2770, ahead of 2740.

Overall volume was active with 2.1b units traded, while average value/unit hit S$1.07, likely boosted by the futures roll-over effect.

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