Shares & Derivatives
Sembcorp Marine To Build 2 Jackup Rigs For Noble Corp!
By Dou  •  March 29, 2011

On 29/Mar, Singapore shares end lower Tuesday due to heighten fears over radioactive leaks from Fukushima nuclear plant.

STI ended lower at 3056.95 (0.01%) with LOW VOL of 1.05 billion shares traded compared with 908.8 million shares Monday. In the broader market, gainers outnumbered losers 235 to 183.  Despite STI closed flat today but the market breath still remains positive, it is a bullish signal which affirms that investors are buying on pullback.

Headline in STI

Before market close

Singapore Telecommunications Ltd. (Z74.SG) has priced a HK$620 million 2018 bond issue.

Sembcorp Marine Ltd. (S51.SG) plan to build two more jackup rigs worth $427.6 million for Noble Corp

Technical Analysis on STI

Immediate Resistance of STI: 3070

Immediate Support of STI: 3040

MY sentiment on STI: Based from the past 2 session data, we continue to remain bullish as we see investors buying ...

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By Dou
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