SINGAPORE STOCK EXCHANGE: Technical Reporton STI Feb 20th, 2014

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SINGAPORE EXCHANGE 20th Feb,2014 Technical Report Global Research Limited www.capitalvia.com.sg

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SINGAPORE STOCK EXCHANGE: Technical Reporton STI Feb 20th, 2014

Transcript of SINGAPORE STOCK EXCHANGE: Technical Reporton STI Feb 20th, 2014

Page 1: 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

Page 2: SINGAPORE STOCK EXCHANGE: Technical Reporton STI Feb 20th, 2014

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

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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.

Page 3: SINGAPORE STOCK EXCHANGE: Technical Reporton STI Feb 20th, 2014

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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

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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