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STI +0.1% at 3184.76 midday, just holding on to gains with 988 million shares traded worth $1.02 billion, less than half yesterday’s full day; 1.2 gainer for every loser, says Dow Jones.
On technical grounds, UOB KayHian shifting bias “to a neutral gear as we do see a minor top in the STI forming.” Says yesterday’s long dark candle “is also putting a red flag in our bullish call. We advise investors to perhaps stay on the sidelines to wait for clearer directions.”
On technical grounds, UOB KayHian shifting bias “to a neutral gear as we do see a minor top in the STI forming.” Says yesterday’s long dark candle “is also putting a red flag in our bullish call. We advise investors to perhaps stay on the sidelines to wait for clearer directions.”
Tips support at 3,100, level last breached on downside Sept. 30. Small caps lower; FTSE Catalist index down 1.8%; FTSE ST Maritime index +1.2%; M1 (B2F.SG) down 0.4% at $2.24 after 3Q results, K-Reit (K71U.SG) down 2.2% at $1.34; GLP (MC0.SG) +2.3% at $2.22, tops SGX most traded, penny stock Berlian Laju Tanker (B66.SG) +20% at $0.060, second most traded.
