Forecasting STI

From the previous week performance, STI has demonstrated substantial weakness. The average volume of traded shares was around 1.16 billion shares, with an average value of $1.21 billion.

King Of Shares feels that this weakness should continue into the next month. Albeit the potential upside due to bargain buying and window dressing, STI should test the support level at 2800 within the next week.

For now, let take a quick look at the performance of other stock market worldwide.





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