On 28/Dec, Singapore shares end higher Tuesday as investors buy stocks on high confidence of better outlook for 2011.
STI ended higher at 3183.70 (0.8 %) with LOW VOL of 1.08 billion shares traded compared with 582 million shares Monday. In the broader market, gainers outnumbered losers 354 to 113. Although the trading volume of STI is relatively low today but high buying pressure of the overall market actually affirms to the bullishness of the investors.
Headline in STI
Before market close
Singapore Exchange Ltd. (S68.SG) said that the purchase of ASX Ltd. (ASX.AU) will serve the great interest for both nations.
Technical Analysis on STI
Immediate Resistance of STI: 3214
Immediate Support of STI: 3145
MY sentiment on STI: We could see high buying activities on the overall market which indicates the bullishness of investors and reversal of STI may happen anytime soon. We ......