On 11/Jan, Singapore shares ended higher on bullish sentiment for the U.S. economy.

STI ended higher at 2747.13 (1%) with regular VOL of 1.12 billion shares traded compared with 856.5 million shares Tuesday. In the broader market, gainers outnumbered losers 253 to 123. Today STI undergo another round of strong buying as investors began to gain their confidences on the stock market.

Headline in STI

After market close

CapitaMalls Asia Limited public offer of the 10-year bonds by its subsidiary, CapitaMalls Asia Treasury Limited, was 4.65 times subscribed.

Technical Analysis on STI

Immediate Resistance of STI: 2783

Immediate Support of STI: 2679

MY sentiment on STI: STI close right at the high to affirms on the bullishness of the investors. Moreover the buying volume increases as well compared with the past trading volume. The resistance at 2783 is expected to be very strong and thus ...