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Home / Capital / Right Timing

STI decline halts at support, attempts rebound

Right Timing

STI decline halts at support, attempts rebound

Goola Warden Published on Fri, Oct 11, 2019 / 10:40 PM GMT+8

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SINGAPORE (Oct 11): It appears that the Straits Times Index managed to hold at 3,078 on Oct 4, in the area of a previous support and above the Aug 28 low of 3,056. Quarterly momentum has rebounded off a one year low. Volume expanded a little on white candle days, but has generally stayed subdued, suggesting that the market is attempting to bottom.

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