Stocks
STI forecast to open weak after eight consecutive days of gains
STI forecast to open weak after eight consecutive days of gains
A potential technical correction is expected in the near term.
STI likely heading into technical correction
This after having risen for seven straight days and closing 0.8% higher.
STI starting to show signs of fatigue, says OCBC
The index failed to sustain itself above 2950 after closing just 0.1% higher at 2948.77.
STI up 1.2%; total gains almost 5.1% since 27 June
Renewed strength on Wall Street and the firmer Nikkei showing could continue to keep the local sentiment buoyant, says OCBC Investment Research.
STI gains total 3.8% since 27 June
The futures market points to a firmer open for the STI, says IG Markets Singapore.
STI up 1.1%
Investors may opt to take profit on the recent gains should the index be unable to sustain itself above 2900, says OCBC Investment Research.
STI closes with 0.2% gain after 1% surge
The index is forecast to slide lower in the direction of the 2800 psychological support, says OCBC.
STI rebounds to close almost 1.3% higher
The index gained due to Wall Street’s strong session, growing talk of fresh stimulus for the Chinese economy, and some early window-dressing, says IG...
STI posts 0.3% loss following strong rebound
Investors are starting to become very jaded, says IG Markets Singapore.
STI to slip further following almost 0.5% loss
The index could fall towards its 3-week uptrend support, says OCBC Investment Research.
Aussino shares drop amidst reverse takeover issue
Reuters says shares of Aussino Group Ltd plunged as much as 12 percent on concerns that a planned reverse takeover may not materialise.
STI set to open lower amidst expected volatile week for markets
IG Markets Singapore forecasts the STI to open around 0.5% lower.
STI closed 0.9% lower
The fall followed four consecutive sessions of gains, and OCBC says tone is likely to remain pessimistic.
STI climbs for 4th consecutive session
The index registered a 0.5% gain but is forecast to be uninspired on Thursday.
STI set to open higher following 0.6% gain
The strong Nikkei start and the rally on Wall Street are likely to provide further inspiration, says OCBC Investment Research.
STI set for weaker open amidst market skepticism
OCBC Investment Research says sentiment is likely to turn more downside biased.
STI shows more signs of optimism
The index closed 1.3% higher in the last session, with analysts expecting further improvement in sentiment.
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