Shares & Derivatives
Straits Times Index Ends 2010 +10.1% At 3190.04!
By Dou  •  December 31, 2010

On 31/Dec, Singapore shares end lower Friday as traders took profit at the very last minute that drive STI to fall sharply in the closing moments.

STI ended lower at 3190.04 (0.7 %) with LOW VOL of 667 million shares traded compared with 1.12 billion shares Thursday. In the broader market, gainers outnumbered losers 208 to 178. Today traders took profit ahead of holiday with the ratio of gainers to losers at 54% suggesting that positive sentiment is still valid.

Headline in STI

After market close

The Casino Regulatory Authority of Singapore (CRA) issued a letter of censure to Genting Singapore of violating the Casino Control Act’s surveillance regulations when it changed its casino surveillance system without getting the approval.

Technical Analysis on STI

Immediate Resistance of STI: 3214

Immediate Support of STI: 3145

MY sentiment on STI:  See weekly market outlook tomorrow.

Straits Times Index Ends ...

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By Dou
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