On 08/Feb, Singapore shares end lower Tuesday as investors sell property stocks due to worries on further policy tightening measures in China
STI ended lower at 3185.36 (0.2%) with LOW VOL of 1.32 billion shares traded compared with 1.39 billion shares Monday. In the broader market, losers outnumbered gainers 223 to 217. Today STI remains trading in low volume and strong buying pressure whenever index hits 3180 support.
Headline in STI
Before market close
DBS Group Holdings Ltd. (D05.SG) plan to launch a range of offshore products denominated in the yuan to meet demand from investors who want exposure to the Chinese currency.
Technical Analysis on STI
Immediate Resistance of STI: 3214
Immediate Support of STI: 3180
MY sentiment on STI: So far everything still looks fine to me. Selling pressure is low today and in fact STI sense higher buying pressure when index approaches ...
...