singapore sti: technical analysis report for 17th jan, 2014

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SINGAPORE EXCHANGE 17th Jan,2014 Technical Report Global Research Limited www.capitalvia.com.sg

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Page 1: SINGAPORE STI: Technical Analysis Report for 17th Jan, 2014

SINGAPORE

E X C H A N G E

17th Jan,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 STI: Technical Analysis Report for 17th Jan, 2014

Technical Report

STI Day Performance

Open

High

Low

Change(Points)

% Change

Volume

Rise

Fall

Unch

Open

3150.00

3155.70

3135.47

3140.44

-2.81

-0.09%

2482.1M

154

242

393

STRAITS TIME LEVELS

Support 1

Support 2

Support 3

Resistance1

Resistance 2

Resistance 3

3120

3105

3090

3155

3175

3195

Top 5 Gainers

Scrip Name1

Jardine C&C

Kep Corp

CapMallsAsia

HPH Trust US$

GLP

1.45

0.83

0.79

0.74

0.34

CMP %change

39.97

10.94

1.905

0.68

2.95

Top 5 Losers

Scrip Name1

SGX

Noble Grp

Olam

GoldenAgr

CapitaMall

-1.12

-0.97

-0.97

-0.95

-0.8

CMP %change

7.04

1.025

1.535

0.52

1.865

Market Review:

Singapore shares edged down today despite robust US data and upbeat

earnings from Bank of America, while stocks of commodities firms fell on

concerns about changing supply and demand dynamics.

Market forecast: STI opens gap up @ 3150 and made day high @ 3155 mark just above then recent high also

traded above 50 day MA level.

STI opens at day high but didn't sustain that level and fell down and took support at 3135.47

and finally closed above 50 day MA level. This is positive sign.

For the coming days STI have to maintain above its 3120-3140 mark, if STI maintain this

level then we can upside move soon, on the other side if it would not be able to maintain this

than index can lose more.

Support:

STI having immediate support @ 3120 level and below this level it can take

support @3105-3090 will be the support zone for STI.

Resistance:

STI having immediate Resistance @3155 and above this level it may take

resistance @ 3175-3195

Technical indicators:

Technical indicators MACD, RSI and CCI are turning.

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

Page 3: SINGAPORE STI: Technical Analysis Report for 17th Jan, 2014

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

accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred

based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.

The stock price projections shown are not necessarily indicative of future price performance. The information herein, together with

all estimates and forecasts, can change without notice. We does not purport to be an invitation or anoffer to buy or sell any financial

instrument. Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved.

Disclaimer

IMPORTANT FACTORS: According to the Department of Statistics, compared to November 2012 retail sales declined 8.7% in November

2013, mainly due to lower motor vehicles sales. Excluding motor vehicles, retail sales went up by 0.4%.

EZION Holdings announced it has received a letter of intent to provide a service rig to be used by a South-east

Asian based national oil company over a five-year period for about US$94 million (S$119.7 million).

Technical view on STI

Company Name Type Expiry Date Record DateDate

Paid/Payable Particulars

FIRST REAL ESTATE INV TRUST

Full Year Result

Corporate Action as on17th January 2014

CAMBRIDGE INDUSTRIAL TRUST

-

-

-

-

-

-

-

-

ASCENDASREIT

COSMOSTEEL

-

-

-

-

-

-

-

-

DATAPULSE TECHNOLOGY LIMITED

F&N TREASURY S$220M2.48%160328Reit

17 Jan 2014

F&N TREASURY S$220M2.48%160328

F&N TREASURY S$220M2.48%160328

F&N TREASURY S$80M3.15%180328

F&N TREASURY S$80M3.15%180328

F&N TREASURYS$80M3.15%180328

Full Year Result

3rd Quarter Results

AGM

ENTITL.

INTEREST

ENTITL.

ENTITL.

INTEREST

ENTITL.

ENTITL.

17 Jan 2014

17 Jan 2014

17 Jan 2014

17 Jan 2014

17 Jan 2014

17 Jan 2014

21 Jan 2014

21 Jan 2014

21 Jan 2014

21 Jan 2014

21 Jan 2014

21Jan 2014

21 Jan 2014

28 Jan 2014

28 Jan 2014

28 Jan 2014

28 Jan 2014

28 Jan 2014

28 Jan 2014

28 Jan 2014

CAPRED&CASHDISTSGD 0.035

280913 -270114 2.48%

PREPAYMENTFEE 1.24%

REDEMPTION100%

280913 - 270114 3.15%

PREPAYMENT FEE 1.575%

REDEMPTION 100%