Singapore:
STI
has been rising for 6 consecutive weeks as shown in weekly chart below.
3348 serves as support, while strong resistance would be ~ 3526.
Generally market sentiment is bullish while index constituents have
released encouraging earning results. Investors could take the
opportunity of recent bullishness to reshuffle portfolio. Laggard from
the bull run could be potential target.
Market Calendar on coming week:
(SG: Singapore; CH: China; UK: United Kingdom; US: USA; JP: Japan).
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