
Daily Markets Briefing: STI down 0.3%
Expect a postitive boost today.
According to OCBC, the rally on Wall Street overnight is likely to boost local sentiments this morning.
Here's more from OCBC:
As such, we could potentially see the STI recovering towards the 3240 key resistance and possibly attempt to conquer it again.
Beyond 3430, the next hurdle lies at the 3460 key peak. On the downside, 3377-3388 gap zone remains the immediate support, followed by the subsequent base at the 3300