In last week, STI gain a solid 74 points from the opening of 3370 and close higher at 3444. A white candle stick with no lower shadow indicates that investors have no qualms on buying the stocks higher.

Key Economics Data report:

U.S. Federal Reserve Chairman Ben Bernanke said the shadow banking system still posed a threat to financial stability, and funding markets might still not be able to cope with a major default. Bernanke also laid out how the central bank was looking at asset markets closely for signs of excessive risk taking.

He has also proposed a rule that would force foreign banks operating in the United States to hold more capital here, a measure that has invoked the wrath of the European Union and led to a flurry of critical letters from banks. The Fed chairman said more work was needed to ensure the repo market ...