Rising interest rate and weakening oil price couldn't halt STI from hitting its one year peak. It has broken resistance 3155, and heading towards next ~3241. Coming week focus shall fall to Telco as 3 major shareholders indicated potential stake sales on M1. It could lend some support to recent rising momentum of STI.
Market Calendar on coming week:
(SG: Singapore; CH: China; UK: United Kingdom; US: USA; JP: Japan)
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