, Singapore

Daily Markets Briefing: STI down 0.4%

But expect a rebound today.

According to OCBC, the technical rebound by the US indices overnight and the positive Nikkei start (up 0.7% now) are likely to keep local sentiments fairly buoyant this morning.

Here's more from OCBC:

Meanwhile, the STI managed to bounce off the 3390 key support again yesterday to close just 0.4% lower (despite retreating as much as 1% intraday); this further reinforced the importance of the 3390 base.

With today’s tone likely to improve, we could see the STI inching higher in the direction of the 3460 key hurdle.

Above that, the next obstacle lies at the 3500 psychological level. On the downside, 3300 is still the subsequent key base.  

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

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.

Top News

Singapore targets $645m fund for SEA climate projects
The programme will also feature a data platform and a market development facility.
iWOW swings to $700,000 loss in H1 2027
Datacomm revenue fell 41%, whilst wireless engineering declined 35%.