2019.07.11- Thursday-STI Updates & Charts
THE BUSINESS TIMES - "THE local equities market, like most others, has been in a limbo since last Friday's US jobs data exceeded expectations, sending investors second-guessing the extent of rate cuts by the US Federal Reserve.
On Thursday, they were reassured of the Fed's dovishness, which translated to a risk-on session in Asia.
The Straits Times Index (STI) gained 10.03 points or 0.3 per cent to close at 3,350.45 on Thursday.
Following the testimony, which market watchers said signalled a confirmation of a rate cut of at least 25 basis points (bps) in July..."
STI was stuck in tight range this week
See more updated charts and tables here
https://martinseah.blogspot.com/2019/07/20...
$STI(^STI.IN)
2019.07.11- Thursday-STI Updates & Charts
THE BUSINESS TIMES - "THE local equities market, like most others, has been in a limbo since last Friday's US jobs data exceeded expectations, sending investors second-guessing the extent of rate cuts by the US Federal Reserve.
On Thursday, they were reassured of the Fed's dovishness, which translated to a risk-on session in Asia.
The Straits Times Index (STI) gained 10.03 points or 0.3 per cent to close at 3,350.45 on Thursday.
Following the testimony, which market watchers said signalled a confirmation of a rate cut of at least 25 basis points (bps) in July..."
Read more :
https://www.businesstimes.com.sg/stocks/si...
$STI(^STI.IN)
Click here for other updated charts and tables:
https://martinseah.blogspot.com/2019/07/20...
Reply to @ivanhoe : this chart with the support and resistance is from Lim and Tan web platform
I heard that SIAS wrote a letter to SGX to complain about UE. Can anybody confirm?
Reply to @cathyzhang2002 : Complain on ?