On 18/Nov, Singapore shares ended lower on concerns over Europe’s ongoing debt woes following a weak Spanish bond auction.
STI ended lower at 2730.34 (1.7%) with regular VOL of 1.44 billion shares traded compared with 1.44 billion shares Thursday. In the broader market, losers outnumbered gainers 296 to 146. STI went through 3 consecutive session of profit taking in this week as investors remains unrest on the global economics ahead.
Headline in STI
Before market close
Singapore Technologies Engineering Ltd. (S63.SG) has secured a contract from Hornbeck Offshore Services, Inc. (HOS) to construct eight offshore supply vessels worth about $441 million.
Technical Analysis on STI
Immediate Resistance of STI: 2778
Immediate Support of STI: 2679
MY sentiment on STI: See market outlook tomorrow!
ST Eng Secured Contract Worth S$441M! is contributed by : Singapore Stock Information Exchange
