Daily Markets Briefing: STI up 0.02%

Brace for a pullback today.

According to OCBC, continued gains on Wall Street overnight should provide a modest lift to local sentiment today, although the overall tone is still expected to remain fairly cautious; this as the US Fed is widely expected to announce a rate hike at the end of their 2-day meeting tonight.

For now, 2800 looks to be quite well protected; and with the RSI hovering just above the oversold region, we could potentially get a technical rebound soon, OCBC said.

Here’s more from OCBC:

But as before, the inability to convincingly clear the immediate 2850 hurdle could still see selling into strength and send the index back towards 2800.

A breach of this key support would not bode well and the index could slide back to 2740 before finding firmer support.

Above 2850, we peg the next resistance at 2876.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

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