Published:
Daily Markets Briefing: STI up 0.28%
Expect muted gains today.
According to OCBC, despite the rebound on Wall Street overnight, the local bourse is likely to remain cautious amidst Brexit polls.
Here’s more from OCBC:
We expect the STI to hold around 2745 and 2820 in the near term. Above 2820, we peg the key hurdle at 2870.
Overall volume tumbled 25.5%, with just 0.98b units traded, and total value shed 13.8% to S$0.70b, while the average value/unit jumped 11% to S$0.72.
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