On 23/Nov, Singapore shares end lower Tuesday as investors wary of the potential for hostilities between North and South Korea.
STI ended lower at 3126.3 (2.02%) with regular VOL of 2.03 billion shares traded compared with 1.17 billion shares Monday. In the broader market, losers outnumbered gainers 507 to 91. Panic selling has been triggered today due to the hostilities between North and South Korea. Rarely in STI will we see a ratio of 85% of losers compared to gainers and sudden upsurge of trading volume in the week.
Headline in STI
Before market close
Consumer prices in Singapore gain slower than expected in October due to a smaller increase in food and housing costs. The consumer price index rose 3.5% in October from a year earlier, compared with a 3.7% increase in September.
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Technical Analysis on STI
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