Daily Markets Briefing: STI down 0.2%

Today’s tone likely to turn more downside biased.

OCBC Investment Research said:

The persistent retreat on Wall Street last Friday night could keep the local bourse on the back-foot this morning.

Despite a mild 0.2% pull-back in the last session, the STI continue to hold its ground just above the 3190 immediate resistance-turned-support.

But with today’s tone likely to turn more downside biased, we could see this 3190 level being tested again.

Below that, the next key base lies at the 3150 resistance-turned-support (also key 2-month uptrend support). On the upside, we still see the immediate obstacle at the 3230 recent peak, followed by the next hurdle at the 3260 subsequent peaks.

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