SINGAPORE STOCK EXCHANGE: Technical Reporton STI Feb 20th, 2014
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Transcript of SINGAPORE STOCK EXCHANGE: Technical Reporton STI Feb 20th, 2014
SINGAPORE
E X C H A N G E
20th 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
3087.31
3095.58
3083.31
3084.81
14.03
0.456
1908.4M
195
170
677
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
Jardine C&C
JSH 400US$
JSH 500US$
Sp Land
UOB
2.80
1.58
1.82
3.68
0.83
CMP %change
38.45
55.87
32.97
8.45
20.60
Top 5 Losers
Scrip Name1
Brooke Asia
RafflesMG
Semb Corp
StarHub
Creative 50
-38.49
-2.12
-1.29
-1.19
-2.25
CMP %change
0.16
3.22
5.32
4.12
1.95
Market Review:
Singapore Stock opened higher today at 3091.67 up by 20.89 points the good
result of capitaland supported the uptrend of the market while the STI made a
high of 3095.58 & closed at 3084.81
Market forecast:
Singapore stocks rose today above its 50 day MA level of 3084 and closed well above this
level. STI opened with gap above its 50 day EMA level and made day high @ 3095 level and
closed below this.
STI trading higher side and made candlestick pattern like high wave with gap up opening, it
formed with higher opening and made high but closed near to opening level and this
movement formed long upper shadow and small lower shadow with very thin body.
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
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Important Factor for today:-
Disclaimer
Corporate Action & Result Calendar as on 20th Feb 2014
Technical view on STI
Capitaland announced 14% increase in dividend i.e. 8 cents per share & S$850 million Profit after Tax &
Minority Interest. The group revenue goes to S$3.98 Billion for the FY 2013 up to 20.5% on YOY basis
Biosensors share were been on halt from trading after a jump of 15% on Tuesday. Biosensor said the China
fund told that as a financial investor it keeps under consideration the options available to it, to enhance the
value of its investment in the comp
Transboundary Haze Pollution Bills being proposed by the Singapore government so that the companies which
contributed to transboundary haze pollution hear can be prosecuted. A criminal penalty of up to S$300,000 may
be imposed
Australia based Seek Ltd world's largest online employment market place by revenue saw a 38% jump in
turnover, yesterday company announced the revenue of A$380.7million. With an interim dividend of 14 cents
per share.
Company Name Type Expiry
Date
Record
Date
Date
Paid/Payable
Particulars
NOL Full Year Results
Sheng Siong Full Year Results
Wilmar Full Year Results
EzionHldg Full Year Results
NeraTel Full Year Results
ARA Full Year Results
Genting SP Full Year Results
MFS Tech Full Year Results
Maxi-Cash Full Year Results
Aspial Full Year Results
ChipEngS Full Year Results