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361-380 of 438
Immediate suport 2.365 -24points. Next support level STI 2,350
crashing liao... maybe reach 2300 today?
STI is down by -16.40 to 2,371 points liao ( all red) , hope it pull back to above 2,380 level. yah...
STI 2380... go lower and we are in bigger trouble.
How will STI react to 46pts fall from DOW last nite????
and news from aussie on Int Rate....
Australia Keeps Key Interest Rate Unchanged at 5.75% (Update1)
June 7 (Bloomberg) -- Australia's central bank left its benchmark interest rate unchanged today after an increase in borrowing costs last month dashed consumer confidence and slowed the housing market.
Reserve Bank of Australia Governor Ian Macfarlane and his board left the overnight cash rate target at 5.75 percent, as forecast by all 23 economists in a Bloomberg News survey. The bank raised the rate a quarter point on May 3, the first move in 14 months. Borrowing costs are the highest in five years.
June 7 (Bloomberg) -- Australia's central bank left its benchmark interest rate unchanged today after an increase in borrowing costs last month dashed consumer confidence and slowed the housing market.
Reserve Bank of Australia Governor Ian Macfarlane and his board left the overnight cash rate target at 5.75 percent, as forecast by all 23 economists in a Bloomberg News survey. The bank raised the rate a quarter point on May 3, the first move in 14 months. Borrowing costs are the highest in five years.
By then the selling will be over. I think when the W/Cup starts, the Stock Market will be FLAT...................................................
To be in the Game, you need to endure the pain and wait for them to return. No red card please hahahahaha.
its going to be even lower after Friday when World Cup starts.
volume still below 1 billion shares.
This times round, shortise kena, just look at Gallant opened 30cents then slowly but surely push up to 52 cents, shortise how to cover back, no way.
not yet... I don' think its over
Good day for bargain hunting??!!!!
I think its the big boys who are selling ...
STI is down by 32points liao. (DJIA closed dwon nearly 200 pts) after 20 mins of trading this morning, let hope the big boys give them a good fight, immediate support 2,380, next support level is at STI 2,350
Hey, 2 wrongs don't make 1 right hor! Hahaha.
By this Fri STI 2500!!, very difficult leh.. dow is dow...n by 66.11 points at this moment, tmr (Tues) another red day. i hv my doubt & reservation, as for today tot of +20pts. I m wrong, hope by Fri i m wrong again.
agree. STI is consolidating after the recent sell cycle. It will be slow and range bound. Hope STI can recover to around 2500 level this week before world cup starts!
singtel can singlehandedly lift STI by 20 points, share cancellations at 1 for every 20, at 2.74 in Sep, 2006.
SGX up by 32.72 pts to 2,419.42 pts , so Monday is +ve sign, another 20 pts more i guess, well done by big and small boys and those bargain hunters who bottom fishing for some good stocks yah...
my guess: market will be slightly down in the morning but will rise and close higher due to greed buying.
generally good
weak job report, market like it.. dow will rise.. sti will rise again monday.