Shares & Derivatives
Frasers Centrepoint Trust To Raise S$64.8M-S$66.7M Via Placement!
By Dou  •  September 14, 2011

On 14/Sept, Singapore shares ended higher after STI trend between the positive and negative region in the whole choppy session.

STI ended higher at 2739.35 (0.4%) with regular VOL of 1.62 billion shares traded compared with 0.881 billion shares Tuesday. In the broader market, losers outnumbered gainers 225 to 220. Although STI ended higher but the negative market breadth affirms that both bulls and bears are equal match in today session.

Headline in STI

After market close

Singapore Post Limited has entered into a joint venture agreement with 4PX Worldwide Express Co., Limited to provide internet shopping, shipping and logistics services.

Frasers Centrepoint Trust (J69U.SG) plan to raise S$64.8 million to S$66.7 million via an equity placement.

Technical Analysis on STI

Immediate Resistance of STI: 2770

Immediate Support of STI: 2680

MY sentiment on STI: STI re-test the resistance at 2770 today ...

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By Dou
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