Market Review and Trends
Daily Market Opinion for 19-Nov-2014
By Jay Chia - Your Financial Mentor  •  November 19, 2014

Daily Market Opinion for 19-Nov-2014

STI had managed to shake off the unexpected news of Japan’s recession and got back on its bullish feet again. STI reacted to the bullish opening of Japan market by a gap up action. After hitting a low of 3296 level in the early trading session, STI was able to continue to make gains throughout the days with bullish lead from the Japan market. Even the bearish movements of HK market failed to dampen the mood of the Singapore market. Buyers continue to enter the market till the closing hours; ending at the high of the day. STI closed at 3313.73 level with 25.06pts gained. Last night, DJI ended higher with 40.07pts gain. Can STI continue to trade higher again? Or it will flatter and trade lower today?

The rebound yesterday had made it seem that the previous day’s drop is just ...

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By Jay Chia - Your Financial Mentor
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