Daily Markets Briefing: STI up 0.2%
But expect an uninspiring start today.
According to OCBC, the weak US index futures, which is down 0.3% currently, and the poor Nikkei start, down 1.3% now, could act as dampeners to local sentiments this morning.
Here's more from OCBC:
As such, we could potentially see the STI opening lower in the direction of the 3325 resistance-turned-support today.
Below 3325, we see the next key base at the 3270 resistance-turned-support. On the upside, 3380 key peak is the immediate resistance, followed by the 3460 subsequent key resistance.