On 12/April, Singapore shares end lower Tuesday as investors sell on news that Japan’s nuclear crisis has deteriorated to a Chernobyl disaster.
STI ended lower at 3138.00 (0.7%) with LOW VOL of 1.24 billion shares traded compared with 1.25 billion shares Monday. In the broader market, losers outnumbered gainers 349 to 129. Today the bad news from Japan actually trigger more investors to take profit ahead of the earning seasons, the selling actually start to gain its momentum.
Headline in STI
Before market close
Sound Global Ltd has secured the contract for the waste water treatment of Anyang National Hi-Tech Industrial Development Zone in Henan Province.
After market close
Mapletree Logistics Trust (MapletreeLog) reported that there is fire at one of its Japan properties – Iwatsuki Centre – yesterday.
Technical Analysis on STI
Immediate Resistance of STI: 3145
Immediate Support of STI: 3120
MY sentiment on …