Daily Markets Briefing: STI down 0.6%

Rebound likely thanks in part to higher US index futures.

OCBC Investment Research said:

Despite the continued retreat on Wall Street overnight, the higher US index futures and the positive Nikkei start could lend some support to the local bourse this morning.

After pulling back more than 0.6% yesterday, the STI could be poised for a rebound back in the direction of the 3260 resistance.

Meanwhile, the daily MACD is still trending higher steadily, suggesting that the upside momentum remains fairly intact.

Above the 3260 obstacle, the next hurdle lies at the 3320 support-turned-resistance. On the downside, 3200 is still the immediate base, followed by the next support at the 3155 minor trough.

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