On 24/Feb, Singapore shares ended higher on brighter economic data from the U.S. and Europe.

STI ended higher at 2978.08 (0.3%) with LOW VOL of 1.48 billion shares traded compared with 2.17 billion shares Thursday. In the broader market, gainers outnumbered losers 243 to 159. Today STI buying pressure remains weak as investors are cautious on the negative effects of sharply higher oil prices.

Headline in STI

After market close

Venture Corporation Limited 4Q net profit fell 30.1 per cent from a year ago to S$37.89 million.

Technical Analysis on STI

Immediate Resistance of STI: 3005

Immediate Support of STI: 2936

MY sentiment on STI: See market outlook tomorrow

Venture’s Q4 net profit falls 30%! is contributed by : Singapore Stock Information Exchange