STI set to resume recovery

The rally on Wall Street overnight and the positive Nikkei start are expected to boost local sentiments, says OCBC Investment Research.

OCBC Investment Research said:

The rally on Wall Street overnight and the positive Nikkei start (up 0.3% now) are likely to boost local sentiments this morning.

The STI continued to hold its ground above the 3040 immediate resistance-turned-support yesterday; following a muted start, the index traded sideways for the rest of the session before closing flat again.

But with today's tone likely to show further improvements, we could see the index resuming its recovery towards the 3100 immediate resistance (upper limit of gap resistance) again.

Beyond that, the subsequent obstacle lies at the 3140-3172 gap resistance. On the downside, the subsequent base is pegged at the 2980 recent troughs.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia