On 26/Aug, Singapore shares end slightly lower Thursday as trader remains wary on the world economic growth after US release yet another weak data on housing market.
STI ended lower at 2925.87 (0.02%) with LOW VOL of 1.33 billion shares traded compared with 1.16 billion shares Wednesday. In the broader market, losers outnumbered gainers 224 to 179.  Today investor’s remains sideline with only 55.6% of stocks in negative and relatively low trading activities.
Headline in STI
After market close
Olam International Ltd. (O32.SG) fourth-quarter net profit rose 98.3% to S$92.57 million compared with S$46.7 million a year ago due to increase sales of commodities products.
Wilmar International Ltd. (F34.SG) has purchased the remaining 17.6 million (8.62%) share stake in Natural Oleochemicals Sdn. Bhd at MYR2.41 per share.
Technical Analysis on STI
Immediate Resistance of STI: 2950
Immediate Support of STI: 2915
MY sentiment on STI: Invest small portion if interested otherwise we would advise to keep sideline first.
Be The First To Comment