Daily Markets Briefing: STI down 0.9%

Analyst predicts a poor opening today.

OCBC Investment Research said:

The sharp retreat on Wall Street overnight and the weak Nikkei start (down 1.3% now) are likely to spook the local bourse to a poor opening this morning.

Following a near 0.9% slip yesterday, the STI looks set to crack the lower boundary of its trading range at the 3200 psychological support today.

Meanwhile, the MACD has also initiated a sudden reversal downwards yesterday; this suggests that the downside momentum is picking up strength now.

Should the bearish break materialize, the index will likely head to the next base at the 3130 minor troughs.

On the upside, we still see the 3280 recent peak as the immediate obstacle, with the subsequent hurdle pegged at the 3320 support-turned-resistance.

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.

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