On 13/Dec, Singapore shares end lower Monday despite Beijing did not bring up the interest rate over the weekend.
STI ended lower at 3182.32 (0.1%) with LOW VOL of 1.5 billion shares traded compared with 1.2 billion shares Friday. In the broader market, gainers outnumbered losers 276 to 190. Although STI closed flat today but general market still managed to gain which affirms that investors are focusing on taking profit on risky stocks and preparing themselves for the holiday ahead
Headline in STI
After market close
Singapore Telecommunications Ltd. (Z74.SG) has signed a contract with Portugal Telecom SGPS, S.A. (PTC.LB, PT) to work together on fiber optic and Internet Protocol Television-based pay television services and applications for fixed and wireless networks.
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Technical Analysis on STI
Immediate Resistance of STI: 3213
Immediate Support of STI: 3148
MY sentiment ......