Daily Market Opinion for 25-Feb-2014

It was a bullish start for the week for STI yesterday. Despite regional market weakness, STI was able to ignore the bearish sentiment and stayed bullish for the day. The opening of the day was greeted with a gap up opening at 3112 level. There were some attempts to reach higher but it stopped at 3113 level. Low trading volume was experienced during the day and STI was seen returning the gains it made during the opening. It entered the negative region slightly during noontime. 3097 was the low of the day as there is still buying support in the market. However, the buying strength did not help STI to recover back to its opening levels and instead closed at 3105.84 level. 5.91pts was gained yesterday. Last night, DJI was seen strengthening by 103.84pts. Will STI also continue to strength today? Will ...