On 23/May, Singapore shares ended lower after a former Greek prime minister said preparations for an exit from the euro zone are being considered.

STI ended lower at 2780.42 (1.5%) with LOW VOL of 1.35 billion shares traded compared with 2.19 billion shares Tuesday. In the broader market, losers outnumbered gainers 296 to 92. Today investors panic sell their riskier assets as they fear on the exit of Greece.

Headline in STI

Singapore Airlines Ltd. (C6L.SG) said that Temasek Holdings has raised its stake in the airline by a percentage point to 56% via a series of open market transactions.

Technical Analysis on STI

Immediate Resistance of STI: 2792

Immediate Support of STI: 2694

MY sentiment on STI: Fears selling has yet again triggered into the Singapore stock market as investors are worried on the future of the global economics. Tomorrow will be a critical ...