, Singapore

Daily Markets Briefing: STI up 0.5%

Expect more positive news today.

According to OCBC, the rebound on by the US indices overnight could cue the local bourse to a positive opening this morning.

Here's more from OCBC:

After halting its decline at the 3270 support with a 0.5% rebound yesterday, the STI could be poised for a further recovery in the direction of the 3370 key resistance.

Meanwhile, we continue to peg the subsequent key resistance at the 3460 level. On the downside, the next base is still marked at the 3240 resistance-turned-support. 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!