Singapore Exchange Technical Report on STI
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Transcript of Singapore Exchange Technical Report on STI
SINGAPORE
E X C H A N G E
21st Feb,2014
Technical Report
G l o b a l R e s e a r c h L i m i t e d
www.capitalvia.com.sg
Technical Report
STI Day Performance
Open
High
Low
Change(Points)
% Change
Volume
Rise
Fall
Unch
Open
3093.39
3101.58
3084.10
3086.64
-2.15
-0.07
1584.5M
168
209
665
STRAITS TIME LEVELS
Support 1
Support 2
Support 3
Resistance1
Resistance 2
Resistance 3
3075
3060
3045
3105
3115
3130
Top 5 Gainers
Scrip Name1
GreatEast
Semb Corp
BukitSem
UOB
SIA
1.80
2.06
1.88
0.48
0.79
CMP %change
18.04
5.43
5.41
20.70
10.18
Top 5 Losers
Scrip Name1
Jardine C&C
JMH 400US$
JSH 500US$
CITYDEV
UOL
-3.25
-1.66
-0.88
-1.17
-1.34
CMP %change
37.20
54.94
32.68
9.27
5.87
Market Review:
Today again the cycle for the up trend continues and the STI opened higher up
at 3.81 points to 3092.60 later it came down and made a low of 3084.10 and
closed near to the lower side of the day at 3086.64
Market forecast:
Singapore Index wining strike continues for 4th trading day of this week and rose almost 1
months high level above 3100 mark.
STI trading higher side and made candlestick pattern called Engulfing , this today's candle
engulf previous day candle with good range of movement , it maintain itself above 50 day
EMA level.
As we previously mention in our reports STI is breaching its resistance day by day, now its
next resistance comes @3105 marks, on the other side our previous resistance level will act
support levels.
Support:
STI having immediate support @ 3075 level and below this level it can take
support @3060-3045 will be the support zone for STI.
Resistance:
STI having immediate Resistance @3105 and above this level it may take
resistance @ 3115-3130
1
G l o b a l R e s e a r c h L i m i t e d
www.capitalvia.com.sg
Technical indicators:
Technical indicators MACD given its bullish crossover in Daily chart , RSI and
CCI are trading in recovery mode , RSI is in oversold zone so we can expect
recovery in it.
2
G l o b a l R e s e a r c h L i m i t e d
www.capitalvia.com.sg
Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective. The
information contained herein is based on analysis and up on sources that we consider reliable. We, however, do not vouch for the
accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred
based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.
The stock price projections shown are not necessarily indicative of future price performance. The information herein, together with
all estimates and forecasts, can change without notice. We does not purport to be an invitation or anoffer to buy or sell any financial
instrument. Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved.
Important Factor for today:-
Disclaimer
Corporate Action & Result Calendar as on 21th Feb 2014
Technical view on STI
The most important factor for the Singapore Economy was published today by the Singapore gov. The
expected GDP for Q4 2013 was 4.4 % whereas actual came at 5.5 % on YOY basis, major factor that
supported the GDP growth was manufacturing, which grew 7% on YOY basis.
Singapore non-oil domestic exports shrink 6% in 2013.
EMS Energy's FY13 earnings lifted by asset sale.
EMS Energy announced the net profit of S$ 3.81 million for the year ended Dec 2013. Even EMS managed to
save its administrative expenses to S$9.26 million.
Fitch: Singapore banks to stand firm despite rising headwinds.
8.6% of growth in new business formation in Singapore for the Q4 Dec 2013, around 14,500 new businesses
were formed in Singapore.
Ezion Holding declared a final dividend of 0.1 cent per share and profit of US$ 39.87 million for the Q4 Dec
2013 which was almost twice US $ 20.71 million from the last FY.
Singapore Domestic wholesale trade increased 3.3% in Q4 Dec 2013, general wholesale trade sec made the
largest growth of 32.7% for Q4 Dec 2013 On YOY basis.
Company Name Type Expiry
Date
Record Date Date
Paid/Payable
Particulars
Unionmet Ex-Rights 25 Feb 2014
Amtek Ex-Dividend 25 Feb 2014 07 Mar 2014
BMT 100 Ex-Dividend 25 Feb 2014 11 Mar 2014
Karin Ex-Dividend 25 Feb 2014 13 Mar 2014
Ellipsiz Ex-Dividend 25 Feb 2014 18 Mar 2014