On 27/Sept, Singapore shares ended higher as European policy makers were making progress on stabilizing the region’s debt crisis.
STI ended lower at 2725.91 (2.7%) with LOW VOL of 1.38 billion shares traded compared with 1.67 billion shares Monday. In the broader market, gainers outnumbered losers 364 to 97. Today STI undergo buying pressure despite low trading volume which affirms that most investors prefer to sideline for more news ahead.
Headline in STI
No news
Technical Analysis on STI
Immediate Resistance of STI: 2770
Immediate Support of STI: 2680
MY sentiment on STI: Although STI managed to break the resistance at 2680 today but the buying volume is relative low which affirms that investors are still doubtful on the rally. Moreover index is still trending under the falling trend lines, do consider all these before entry.
STI remains under the falling trend line! is contributed by ...
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