Daily Markets Briefing: STI down 0.4%

Expect limited gains today.

According to OCBC, with Wall Street shut for Labour Day last night, the STI could continue to drift sideways in light volume again today; Nikkei is up 0.3% but off early highs.

Here's more from OCBC:

The index, down 0.4%, was stuck in a 30-point range with less than S$900m traded yesterday; but this comes as no surprise with the start of the week-long school holiday and also the shortened week due to Polling Day this Friday.

Although the daily RSI has just fallen into the oversold region, the medium-term outlook remains somewhat bearish; hence we could continue to see a steady decline towards 2800.

On the upside, we peg 2900 as the initial resistance, while 3000 remains the main hurdle to clear.

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