Market
Review for STI:
Share prices opened higher with the straits times’ index up 5.63 points to 3,228.18. Asian markets were mainly up today after the majority of euro zone banks were given a clean bill of health by the European central bank, but china was hit by the postponement of a planned stock-trading connection between Hong Kong and shanghai. The Resale Price Index fell by 1.7% from 195.7 in 2nd Quarter 2014 to 192.4 in 3rd Quarter 2014. Resale transactions increased by 2.8% from 4,389 cases in 2nd Quarter 2014 to 4,513 cases in 3rd Quarter 2014.
Important Factor for today:-
Share prices opened higher with the straits times’ index up 5.63 points to 3,228.18. Asian markets were mainly up today after the majority of euro zone banks were given a clean bill of health by the European central bank, but china was hit by the postponement of a planned stock-trading connection between Hong Kong and shanghai. The Resale Price Index fell by 1.7% from 195.7 in 2nd Quarter 2014 to 192.4 in 3rd Quarter 2014. Resale transactions increased by 2.8% from 4,389 cases in 2nd Quarter 2014 to 4,513 cases in 3rd Quarter 2014.
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STI Day Performance
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Open |
3231.81
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High |
3234.76
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Low |
3215.77
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Close |
3226.11
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Change(Points) |
+3.56
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% Change |
+0.11%
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Volume |
1110.4M
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Rise |
179
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Fall |
210
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Unch |
754
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Market forecast for STI:
We find STI in a range bound movement which will be bullish after the level of 3240.
We find STI in a range bound movement which will be bullish after the level of 3240.
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STI LEVELS
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Support 1 |
Support 2
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Support 3 |
Resistance 1 |
Resistance 2 |
Resistance 3 |
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3220
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3200
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3190
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3240
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3260
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3280
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Technical Indicators:
RSI is at 46.82 and CCI is at -3.33.
RSI is at 46.82 and CCI is at -3.33.
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Top Gainers
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Top Losers
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Scrip Name
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CMP
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%change
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Scrip Name
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CMP
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%change
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CAPITALAND.SG |
3.14 |
2.95 |
KEPPEL CORP.SG |
9.44 |
-2.38 |
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SIA.SG |
9.83 |
2.18 |
NOBLE.SG |
1.245 |
-1.58 |
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GOLDEN AGRI-RES.SG |
0.495 |
2.06 |
UOB.SG |
21.78 |
-1.18 |
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CITYDEV.SG |
9.8 |
1.77 |
SEMBCORP MARINE.SG |
3.62 |
-1.09 |
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ST ENGINEERING.SG |
3.67 |
1.66 |
OLAM INTL.SG |
2.04 |
-0.97 |
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The Stock Signals for today to trade in Singapore, suggest to BUY Q & M DENTAL [QC7] ABOVE 0.780 TARGET 0.800 0.830 SL 0.755.
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