Market
Review for STI:
Share prices opened higher with the straits times’ index up 5.63 points to 3,228.18. Asian markets were mainly up today after the majority of euro zone banks were given a clean bill of health by the European central bank, but china was hit by the postponement of a planned stock-trading connection between Hong Kong and shanghai. The Resale Price Index fell by 1.7% from 195.7 in 2nd Quarter 2014 to 192.4 in 3rd Quarter 2014. Resale transactions increased by 2.8% from 4,389 cases in 2nd Quarter 2014 to 4,513 cases in 3rd Quarter 2014.
Important Factor for today:-
Share prices opened higher with the straits times’ index up 5.63 points to 3,228.18. Asian markets were mainly up today after the majority of euro zone banks were given a clean bill of health by the European central bank, but china was hit by the postponement of a planned stock-trading connection between Hong Kong and shanghai. The Resale Price Index fell by 1.7% from 195.7 in 2nd Quarter 2014 to 192.4 in 3rd Quarter 2014. Resale transactions increased by 2.8% from 4,389 cases in 2nd Quarter 2014 to 4,513 cases in 3rd Quarter 2014.
STI Day Performance
|
|
Open |
3231.81
|
High |
3234.76
|
Low |
3215.77
|
Close |
3226.11
|
Change(Points) |
+3.56
|
% Change |
+0.11%
|
Volume |
1110.4M
|
Rise |
179
|
Fall |
210
|
Unch |
754
|
Market forecast for STI:
We find STI in a range bound movement which will be bullish after the level of 3240.
We find STI in a range bound movement which will be bullish after the level of 3240.
STI LEVELS
|
|||||
Support 1 |
Support 2
|
Support 3 |
Resistance 1 |
Resistance 2 |
Resistance 3 |
3220
|
3200
|
3190
|
3240
|
3260
|
3280
|
Technical Indicators:
RSI is at 46.82 and CCI is at -3.33.
RSI is at 46.82 and CCI is at -3.33.
Top Gainers
|
Top Losers
|
||||
Scrip Name
|
CMP
|
%change
|
Scrip Name
|
CMP
|
%change
|
CAPITALAND.SG |
3.14 |
2.95 |
KEPPEL CORP.SG |
9.44 |
-2.38 |
SIA.SG |
9.83 |
2.18 |
NOBLE.SG |
1.245 |
-1.58 |
GOLDEN AGRI-RES.SG |
0.495 |
2.06 |
UOB.SG |
21.78 |
-1.18 |
CITYDEV.SG |
9.8 |
1.77 |
SEMBCORP MARINE.SG |
3.62 |
-1.09 |
ST ENGINEERING.SG |
3.67 |
1.66 |
OLAM INTL.SG |
2.04 |
-0.97 |
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