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Chart of the Day
Chart Chart
Straits Times Index
STI:IND
Last Update: 6th August 2021
Previous Close

3,175.10
7.80

0.25%

The Chart Shows

The price has been consolidating in an ascending triangle formation since mid-May 2021. Longer term a big cycle is still rising and provides the tailwind upward force. There is a local resistance band between 3,200 and 3,235, which should be broken to the upside in the coming month or so.

Company Notes

The Straits Times Index (STI) tracks the performance of the top 30 largest and most liquid companies listed on the Singapore Stock Exchange.