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Singapore markets closed

  • Straits Times Index

    3,285.97
    -7.16 (-0.22%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • Dow

    38,460.92
    -42.77 (-0.11%)
     

  • Nasdaq

    15,712.75
    +16.11 (+0.10%)
     

  • Bitcoin USD

    64,142.26
    -2,298.20 (-3.46%)
     

  • CMC Crypto 200

    1,361.07
    -21.51 (-1.56%)
     

  • FTSE 100

    8,092.17
    +51.79 (+0.64%)
     

  • Gold

    2,339.90
    +1.50 (+0.06%)
     

  • Crude Oil

    82.86
    +0.05 (+0.06%)
     

  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     

  • Nikkei

    37,628.48
    -831.60 (-2.16%)
     

  • Hang Seng

    17,284.54
    +83.27 (+0.48%)
     

  • FTSE Bursa Malaysia

    1,569.25
    -2.23 (-0.14%)
     

  • Jakarta Composite Index

    7,155.29
    -19.24 (-0.27%)
     

  • PSE Index

    6,574.88
    +2.13 (+0.03%)
     

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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