THE Straits Times Index on Thursday drifted lower for most of the session before ending at 3,455.78 for a net gain of 2.61 points. Brokers said the move was in line with expectations since many had expected Wednesday's short-covering bounce to quickly run out of momentum.Volume remained poor at 1.5 billion units worth S$971 million, the unit average of S$0.65 suggesting that house traders, proprietary desks and retail trading representatives were once again trawling the penny stock ranks to try and generate business. On this count, the advance-decline score of 215 to 222 excluding warrants suggested they met with only modest success.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
0 comments:
Post a Comment