Thursday, July 19, 2012

sti makes a 2012 high?

It does look like the STI has hit the year's high, but turnover seems suspiciously low. Top gainers are banks, SIA, Keppel Corp, sembcorp and big property developers like Capitaland and CDL.
Golden agri is still struggling to break 0.78. It was a weak day for this stock, but finished quite strongly at 0.77. Good support at 0.76. Resistance at 0.78.
Capitaland is still trapped in a box range, between 3.00 and 2.90.

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