Staff Reporter
,
Singapore
Expect muted gains today.
According to OCBC, gains on Wall Street overnight could continue to provide some support to the local bourse, although further sharp gains are unlikely after the STI’s 1.6% rebound yesterday.
Here’s more from OCBC:
We peg the initial hurdle at 2900, ahead of 2935; on the downside, we peg the immediate support at 2875, a break of this level could send the STI index easing towards 2860.
Overall volume jumped 43.9% with 1.9b units traded, and the total value jumped 48.0% to S$1.4b; while average value/unit increased 4.1% to S$0.72.
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!