On 20/Mar, Singapore shares ended higher as investors buy stocks again after three sessions of declines.

STI ended higher at 3002.73 (0.4%) with LOW VOL of 1.08 billion shares traded compared with 1.52 billion shares Monday. In the broader market, gainers outnumbered losers 208 to 146. Today STI undergo weak buying pressure as investors buy after 3 sessions of declines.

Headline in STI

After market close

STX OSV Holdings Ltd. (MS7.SG) has secured a new contract worth about NOK650 million (S$142.7 million) to design and build an offshore subsea construction vessel for Norwegian offshore engineer DOF ASA (DOF.OS).

Technical Analysis on STI

Immediate Resistance of STI: 3005

Immediate Support of STI: 2936

MY sentiment on STI: STI seems to have issues in breaking the resistance at 3030 as the index kept bouncing off this level. The consolidation are expected to continue till more ...