Singapore SGX- STI Technical Analysis Review and Market Forecast

Market Review for STI:Straits Times Index opened lower on Tuesday, following the retreat in equity markets in Tokyo, the US and Europe after the Shanghai stock exchange suffered its largest one-day fall of 8.5 per cent in eight years on Monday which sparked concern about global economic growth.STI ended 32.33 points or 0.98 % lower to 3281.09. Singapore stocks traded in negative territory at midday, in line with broad declines in other Asian markets. STI came off from its intra-day peak of 3306.63 and low of 3277.13. Singapore's central...

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Singapore Stock Market: STI Technical Analysis & Forecast

P { margin-bottom: 0.21cm; }TD P { margin-bottom: 0cm; } Market Review for STI: Straits Times Index (STI) opened 0.3 per cent higher with STI advancing 9.12 points to 3,368.29, as gold prices stemmed a slump. STI ended 2.1 points or 0.06% lower to 3371.40. STI came off from its intra-day peak of 3375.97 and low of 3360.12.Singapore stocks inched up at midday on lack of direction and interest. Singapore’s inflation rate remained in negative territory in June, although it inched up to -0.3 per cent from -0.4 per cent in May due to larger increases...

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