Daily Markets Briefing: STI down 1.2%

Immediate obstacle pegged at the 3280 mark.

OCBC Investment Research said:

The poor Nikkei start (down 1.9% now) is likely to spook the local bourse to a negative opening this morning.

Following the sharp 1.2% slip yesterday, the STI is now likely to initiate a test of its firm 1-month uptrend support this morning.

Should this firm uptrend support be breached, the index could retreat further towards the 3200 psychological support for the next test.

On the upside, 3280 is now the immediate obstacle, followed by the next hurdle at the 3320 support-turned-resistance.

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