Investment & Trading

STI Day Performance
Open	3278.08
High	3282.86
Low	3272.23
Close	3279.64
Change(Points)	-0.53
% Change	-0.02
Volume	2007.8M
Rise	235
Fall	161
Unch	385

Market forecast for STI:
STI formed a green candle for the day and the index closed lower than the previous day close .The index is in uptrend but still the minor movements may be in downtrend. It is expected to move in a downtrend 3260-3280.
Technical indicators:
RSI is above the centre line @55.37, where CCI @31.29
Important Factor for today:-

• CAPITALAND hold more than 90% of the issued shares of CapitaMalls Asia .CMA shares will not be traded anymore on stock exchange .The application has been submitted by CapitaLand for the delisting of CMA.
• SGX seeks a proposal to ease a secondary listing for the companies to make it easier. It will no longer impose additional continuing listing obligations.
• There has been no material development in STATS ChipPAC since May 16, its announcement date. The interest is shown by the other parties to acquire all the shares in the company.

Top Gainers			Top Loosers
Scrip Name	CMP	%change	Scrip Name	CMP	%change
Olam Intl	2.33	1.75	CapitaMall Trust	1.99	-2.45
ComfortDelGro	2.42	0.83	HongkongLand USD	6.83	-2.43
SIA Engineering	5.01	0.81	JMH 400 USD	59.88	-2.41
HPH Trust USD	0.74	0.68	JSH 500 USD	35.6	-1.77
OCBC Bank	9.75	0.52	Golden Agri-Res	0.56	-1.75

KLCI Day Performance
Open	1869.98
High	1870.6
Low	1863.11
Close	1869
Change(Points)	+3.800
% Change	+0.20
Volume	1494.2M
Rise	380
Fall	361
Unch	875

Market forecast for KLCI:
The KLCI is performing average and is moving in a price range of 1860-1880 .It is expected that it will be in a same range.
Technical indicators:
RSI is just below the centre line@50.75 where the CCI is performing at -53.96.

Top Gainers			Top Loosers
Scrip Name	CMP	%change	Scrip Name	CMP	%change
MISC	6.1	1.5	GENTING	9.83	-1.7
ASTRO	3.46	0.29	IOICORP	5.11	-1.54
PETGAS	24.06	0.25	YTL	1.61	-1.23
KLK	24.24	0.17	TENAGA	11.98	-1.16
RHBCAP	8.38	-0.12	IOIPG	2.5	-0.79

STI Day Performance
Open	3304.06
High	3304.19
Low	3292.03
Close	3296.4
Change(Points)	-5.840
% Change	-0.18%
Volume	1377.1M
Rise	179
Fall	219
Unch	385

Market forecast for STI:
STI formed a red candle for the day with a real body and a long lower shadow . This is a stick pattern .The overall trend of the market is uptrend so it is expected that STI is will move in trend .Though today it performed low but is expected to move with the major trend which is up.
Technical indicators:
CCI is @125.89 and RSI is @62.16

STI LEVELS
Support 1	3285
Support 2	3275
Support 3	3260
Resistance 1	3305
Resistance 2	3315
Resistance 3	3330

Important Factor for today:-

• The board of directors from Oxley Holding proposed to split every two ordinary shares into three shares .This split will increase the market liquidity of the shares and broaden its shareholder base.The company has 2.98 billion issued shares, if proposal accepted then will have 4.42 billion shares .
• YuuZoo, a Singapore e-commerce firm , plans to go public through a S$490.9 million reverse takeover of W corporation ltd.
• The Singapore Minister for Trade and Industry Lim Hng Kiang said ,the infrastructure need to enhance the financing ecosystem's ability to match projects with available capital .
• China's factory sector performed best due to the improvement in export orders ,it may be a sign of economic stability.

Top Gainers			Top Loosers
Scrip Name	CMP	%change	Scrip Name	CMP	%change
ComfortDelGro	2.4	3	Sembcorp Ind	5.38	-1.28
Noble	1.425	1.79	Wilmar Intl	3.2	-1.24
SPH	4.19	0.48	CapitaMall Trust	2.04	-0.97
DBS	16.98	0.35	ThaiBev	0.635	-0.78
CapitaLand	3.2	0.31	CityDev	10.35	-0.77

KLCI Day Performance
Open	1866.37
High	1872.55
Low	1866.37
Close	1872.55
Change(Points)	+8.3
% Change	+0.44
Volume	1470.8M
Rise	176
Fall	232
Unch	375

Market forecast for KLCI:
The KLCI formed a green candle for the day with no shadows and only a real body.The price movement for the next day may be expected to be in a price range of 1860-1890.

KLCI LEVELS
Support 1	1865
Support 2	1855
Support 3	1845
Resistance 1	1880
Resistance 2	1890
Resistance 3	1900

Technical indicators:
The CCI is marked @-15.575 and RSI is @53.153

Top Gainers			Top Loosers
Scrip Name	CMP	%change	Scrip Name	CMP	%change
IOICORP	5.19	4.43	MISC	6.01	-2.12
HLFG	15.82	1.93	SKPETRO	4.07	-1.45
ASTRO	3.45	1.47	PBBANK	21.06	-0.38
AXIATA	6.9	1.47	IHH	4.16	-0.24
GENTING	10	1.01	UMW	10.78	-0.19