Archive:April 8, 2015

SINGAPORE, April 2 (Xinhua) — Singapore stocks finished higher on Thursday, with the benchmark Straits Times Index (STI) up 6.73 points, or 0.20 percent, to close at 3,453.75. A total of 1.39 billion shares changed hands with turnover of 925.5 million Singapore dollars (681.1 million U.S. dollars). Gainers outnumbered decliners 225 to 188, while 521 Read More

As a recap, the STI registered a flat close yesterday, after showing signs of initiating a bearish reversal at the 3460 key resistance the day before. Technically, the daily MACD has also started to converge bearishly towards its signal line, this suggests that the downside momentum could be building up. As such, we are likely Read More