Daily Markets Briefing: STI up 0.7%

Subsequent obstacle pegged at the 3320 mark.

OCBC Investment Research said:

The strong rally on Wall Street overnight is likely to inspire the local bourse to an optimistic start this morning.

Following a 0.7% gain yesterday, the STI could build on the positive sentiments and inch higher in the direction of the 3280 immediate hurdle.

Meanwhile, the 1-month uptrend support is still fairly intact after yesterday’s recovery.

Above the 3280 resistance, we see the subsequent obstacle at the 3320 support-turned-resistance.

On the downside, we continue to see the key support at the 3200 psychological base, with the next support lying at the 3130 troughs.

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