Archive:April 8, 2015

The Singapore stock market on Friday wrote a finish to the two-day slide in which it had given away just 5 points or 0.2 percent. The Straits Times Index settled just above the 3,470-point plateau, and the market is looking at additional support on Monday. The global forecast for the Asian markets suggests mild upside, Read More

Instead, it will not be surprising to see short-term traders taking profit soon, especially after the STI surged more than 1.1% yesterday; this after overcoming the 3460 key resistance a few sessions back. However, we deem the correction to be healthy. For now, we are pegging the immediate base at the 3460 newly established resistance-turned-support. Read More