Daily Markets Briefing: STI closed flat

Expect a recovery today.

According to OCBC, the continued recovery by the US indices overnight is likely to cue the local bourse to a positive start this morning.

Here's more from OCBC:

Meanwhile, the STI continue to flirt with the 3470 key resistance but again failed to overcome it yesterday; despite recovering as much as 0.5% intraday, the index pulled back to a flat close.

With today’s tone to remain more upside biased, we could see the index trying its luck again at the 3470 hurdle today.

On the downside, we see the immediate base at the 3430 minor trough, followed by the next support at the 3400 resistance-turned-support.

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