SGX MARKET OPENS LOWER WHILE STI ROSE TO 12 POINTS

SINGAPORE share prices opened lower on Tuesday with the Straits Times Index down 1.74 points to 3,185.77.

Volume was 31.3 million shares worth S$42.1 million as at 9am.

Gainers outnumbered losers 60 to 33.

STI ROSE TO 12 POINTS

THE Straits Times Index on Monday kicked off the week with a 12.4-point rise to 3,187.51 thanks mainly to gains in Jardine stocks. Overall trading however, was quiet with turnover amounting to 2.3 billion units worth S$1.1 billion compared to Friday's S$1.6 billion. Excluding warrants there were 273 rises versus 189 falls throughout.

Brokers described the session as cautious and with Wall Street very much in mind. The Dow futures at 5pm stood 19 points higher, suggesting a slightly firm opening for the US market. European markets however, opened mostly in the red.

Valuable Singapore Stocks of the Day:

• KSH
• CHASEN
• JADASON
• SKE

Our recent Stock Recommendations:
1.SGX INTRADAY SIGNAL: BUY JACKSPEED AT 0.171 TARGET 0.177, 0.183 SL 0.164
Update: JACKSPEED AT 0.184, OUR FINAL TARGET DONE. GIVEN YESTERDAY FROM 0.171.

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