On 29/Dec, Singapore shares ended higher though Europe’s debt crisis kept investors sidelined.
STI ended lower at 2672.78 (0.2%) with LOW VOL of 472.2 million shares traded compared with 410.1 million shares Wednesday. In the broader market, gainers outnumbered losers 167 to 133. Today STI remains trending sideways as most investors keep sideline for long holiday ahead.
Headline in STI
Before market close
Wilmar International Ltd. (F34.SG) has established a $5 billion Guaranteed Medium-Term Note Program.
After market close
Keppel Corp. Ltd. (BN4.SG) received new orders worth S$150 million, taking the total value of jobs received in 2011 to nearly S$10 billion, a record for the world’s biggest rig builder by volume.
CapitaMalls Asia Limited (CMA) has renewed a shared services agreement and a IT infrastructure agreement with CapitaLand.
Technical Analysis on STI
Immediate Resistance of STI: 2679
Immediate Support of STI: 2643
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