Daily Markets Briefing: STI down 0.9%

Index likely to gain 0.3% at the open.

OCBC Investment Research noted:

While the STI, which ended 0.9% lower yesterday, could stage a technical rebound, we think that investors may still be looking to sell into strength.

This if the index fails to convincingly clear the 3282 hurdle (centre of Bollinger band); the STI also looks uncomfortable above 3300.

Hence, there is a risk of the index retracing back towards the initial 3200 psychological support, and even to 3171 (38.2% retracement of 2931-3319 rally).

Meanwhile, IG Markets Singapore said:

The positive finish to the US markets means we are pricing in a 0.3% gain for the STI at the open.

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