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STI Remains In Consolidation Mode!
By Dou  •  March 21, 2012

On 21/Mar, Singapore shares ended higher after a choppy session which STI re-test critical support at 3005.

STI ended higher at 3005.63 (0.1%) with LOW VOL of 1.89 billion shares traded compared with 1.08 billion shares Tuesday. In the broader market, gainers outnumbered losers 182 to 179. Today STI trade sideways as investors remains cautious on the global economy.

Headline in STI

After market close

No updates

Technical Analysis on STI

Immediate Resistance of STI: 3005

Immediate Support of STI: 2936

MY sentiment on STI: STI continue to trend aimlessly with concerns over slowing economic growth in China dampening investor sentiment. Singapore’s market is likely to remain in consolidation mode till signs on the global economy become clear. Avoid buying at the resistance of 3030.

STI Remains In Consolidation Mode! is contributed by : Singapore Stock Information Exchange

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By Dou
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