On 09/Dec, Singapore shares end higher Thursday as Sydney reported a strong employment report today.
STI ended higher at 3210.20 (0.2%) with LOW VOL of 1.51 billion shares traded compared with 1.37 billion shares Wednesday. In the broader market, gainers outnumbered losers 284 to 178. STI trading volume has increased today on possibility that US S&P 500 may be able to break its critical resistance in this week.
Headline in STI
After market close
SIA Engineering Co. (S59.SG) has signed a contract worth S$300 million with SilkAir for maintenance, repair and overhaul and fleet management services.
Genting Singapore plan to borrow around S$4.2 billion to pay off an existing loan
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Technical Analysis on STI
Immediate Resistance of STI: 3213
Immediate Support of STI: 3148
MY sentiment on STI: Things are starting to get interesting as the trading volume ......