On 29/Dec, Singapore shares end higher Wednesday as more investors are pointing to bullish sentiment for the economics ahead.
STI ended higher at 3207.91 (0.8 %) with LOW VOL of 1.37 billion shares traded compared with 1.08 billion shares Tuesday. In the broader market, gainers outnumbered losers 394 to 107. More investors continue to buy up the stocks in the Singapore market today which signals to increasing confidence towards global economics.
Headline in STI
Before market close
GuocoLand Ltd. (F17.SG) plans to start two REITs which will hold assets worth up to S$8 billion.
After market close
Wilmar (F34.SG) has collaborated with two Hong Kong-listed property developers to bid for commercial and residential property sites in China.
Technical Analysis on STI
Immediate Resistance of STI: 3214
Immediate Support of STI: 3145
MY sentiment on STI: STI remains bullish as its re-test the 3214 resistance ......