Daily Markets Briefing: STI down 0.5%

Are investors getting wary?

OCBC Investment Research said:

The retreat on Wall Street last Friday night is likely to dampen local sentiments further this morning.
Meanwhile, STI pulled back some 0.5% in the last session; the see-saw movements by the index over the past few sessions suggest that investors are getting increasingly wary about the market’s ability to maintain its recent upside momentum.

As such, there is a good chance that the index could continue to swing between the 3300 immediate psychological resistance and the 3250 recent trough in the week ahead.

Beyond those levels, the subsequent obstacle can be found at the 3330 support-turned-resistance with the next base still marked at the 3220 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