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Singapore markets closed

  • Straits Times Index

    3,292.93
    -3.96 (-0.12%)
     

  • Nikkei

    38,236.07
    -37.98 (-0.10%)
     

  • Hang Seng

    18,475.92
    +268.79 (+1.48%)
     

  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     

  • Bitcoin USD

    63,418.25
    +334.29 (+0.53%)
     

  • CMC Crypto 200

    1,317.76
    +40.78 (+3.19%)
     

  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     

  • Dow

    38,675.68
    +450.02 (+1.18%)
     

  • Nasdaq

    16,156.33
    +315.37 (+1.99%)
     

  • Gold

    2,310.10
    +0.50 (+0.02%)
     

  • Crude Oil

    77.99
    -0.96 (-1.22%)
     

  • 10-Yr Bond

    4.5000
    -0.0710 (-1.55%)
     

  • FTSE Bursa Malaysia

    1,589.59
    +9.29 (+0.59%)
     

  • Jakarta Composite Index

    7,134.72
    +17.30 (+0.24%)
     

  • PSE Index

    6,615.55
    -31.00 (-0.47%)
     

Daily Markets Briefing: STI closed flat

Singapore Business Review

Brace for a pullback today.

According to OCBC, with the US indices plunging more than 1% overnight, this will likely spook the local bourse to a similar retreat as well this morning.

Here's more from OCBC:

Following a flat closing yesterday on very low trading turnover; we could see local investors heading back today to take some risk off the table.

This will likely send the STI back in the direction of the 3430 immediate support for a test.

On the upside, we still see 3470 as the immediate hurdle to overcome.



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