On 07/Mar, Singapore shares ended lower on renewed concerns over the global growth outlook and uncertainty over the debt swap process in Greece.

STI ended lower at 2913.16 (0.6%) with LOW VOL of 1.56 billion shares traded compared with 1.45 billion shares Tuesday. In the broader market, gainers outnumbered losers 224 to 152. The market breadth remains positive despite the index ended lower affirms that investors are merely selling off specific stocks.

Headline in STI

Before market close

Tiger Airways Holdings Ltd. (J7X.SG) wholly owned subsidiary, Tiger Airways Australia has established its second Australian base.

Oversea-Chinese Banking Corp. Ltd. (O39.SG) had priced $1 billion of fixed rate senior bonds, due March 13, 2015, paying an interest rate of 1.625% per annum.

Technical Analysis on STI

Immediate Resistance of STI: 2936

Immediate Support of STI: 2906

MY sentiment on STI: STI re-test the critical ...