On 28/June, Singapore shares ended higher on encouraging economic data from the U.S.

STI ended higher at 2846.82 (0.2%) with LOW VOL of 1.40 billion shares traded compared with 1.45 billion shares Wednesday. In the broader market, losers outnumbered gainers 211 to 144. Today STI undergo moderate profit taking though STI ended higher pushed by specific stocks.

Headline in STI

After market close

Keppel Corp. (BN4.SG) has received US$70 million worth of contracts for construction and repair work in the U.S. and Azerbaijan.

Technical Analysis on STI

Immediate Resistance of STI: 2854

Immediate Support of STI: 2802

MY sentiment on STI: STI continue to trend between the support at 2802 and resistance at 2854 as investors are unsure of its future directions. As we have mention before, do not buy near the 2854 resistance.

KepCorp Secures Construction, Repair Contracts Worth US$70M! is contributed ...