On 04/Oct, Singapore shares ended lower as Greece may default on its debt after euro-zone finance ministers delayed the approval of the loan disbursement at a protracted meeting Monday.
STI ended lower at 2531.02 (3.4%) with HIGH VOL of 1.64 billion shares traded compared with 1.49 billion shares Monday. In the broader market, losers outnumbered gainers 497 to 105. Today STI undergo heavy selling pressure as investors began to panic sell on possibility of Greece default.
Headline in STI
After market close
Sembcorp Marine Ltd. (S51.SG) has received a vessel conversion contract valued at S$130 million from Japan’s Modec Inc. (6269.TO).
Technical Analysis on STI
Immediate Resistance of STI: 2650
Immediate Support of STI: 2523
MY sentiment on STI: Today STI gap down for the second day and trigger more selling pressure as investors sell their stocks in panic mode. The momentum to drop ...
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