On 01/Sept, Singapore shares ended lower as investors cash in profits on recent gains.
STI ended lower at 2867.18 (0.6%) with HIGH VOL of 2.19 billion shares traded compared with 2.28 billion shares Wednesday. In the broader market, losers outnumbered gainers 315 to 226. Today STI merely undergo slight profit taking as investors remains relatively bullish on the global economy ahead.
Headline in STI
Before market close
Global Logistic Properties Ltd. (MC0.SG) has formed a US$500 million joint venture with the Canada Pension Plan Investment Board to develop logistics facilities in Japan.
After market close
Singapore Post Limited (SingPost) has opened its second regional airfreight hub, SingPost Airmail Transit Centre (ATC) 2, in Changi Airfreight Centre, to manage higher traffic volume.
Technical Analysis on STI
Immediate Resistance of STI: 2936
Immediate Support of STI: 2820
MY sentiment on STI: Today investor took some profit from ...
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