On 07/April, Singapore shares end flat Thursday though property developers down on fears of higher mortgage rates in China ahead.

STI ended flat at 3171.65 (0.04%) with regular VOL of 1.56 billion shares traded compared with 1.65 billion shares Wednesday. In the broader market, gainers outnumbered losers 244 to 206. Although STI ended flat today but the positive market breadth indicates that investors remains bullish on the earning announcement ahead.

Headline in STI

Before market close

Fitness First plan to apply for listing approval of S$600 million to S$700 million initial public offering.

After market close

Singapore Exchange Ltd. (S68.SG) has acknowledged that it has not amended the terms of its offer on its proposed merger with ASX Ltd. (ASX.AU).

Technical Analysis on STI

Immediate Resistance of STI: 3180

Immediate Support of STI: 3145

MY sentiment on STI:  STI currently remain supported at the ...