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STI Continue to Trend Sideways!
By Dou  •  April 20, 2012

On 20/April, Singapore shares ended lower as disappointing U.S. economic data depressed demand.

STI ended lower at 2994.48 (0.5%) with HIGH VOL of 4.21 billion shares traded compared with 2 billion shares Thursday. In the broader market, gainers outnumbered losers 235 to 160. Today STI undergo profit taking after some weak U.S. economic data.

Headline in STI

Before market close

CapitaCommercial Trust (C61U.SG) 1Q distribution per unit rose 3.3% to 1.90 Singapore cents compared with 1.84 cents a year ago due to higher interest income and lower operating costs offset a decline in revenue.

Technical Analysis on STI

Immediate Resistance of STI: 3005

Immediate Support of STI: 2936

MY sentiment on STI: See market outlook

STI Continue to Trend Sideways! is contributed by : Singapore Stock Information Exchange

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By Dou
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