SINGAPORE shares end higher on Thursday.
The Straits Times Index gained 1.43 points to 3,304.82.
Some 1.17 billion shares, valued at S$1.0 billion were traded.
Gainers numbered 167 while losers numbered 230.
KLSE Stock Signal Update
Today morning's KLSE MALAYSIA STOCK Recommendation at 9.00 AM MST.✔ We Hit ALL The Targets
■■ BUY PETRONAS CHEML AT CMP 5.330 TARGET 5.360,5.400,5.460 SL 5.270
SGX Comex Recommendations
INTERNATIONAL COMMODITY NEWS :
Gold prices eased in Asia on Thursday with continued focus on the holiday demand season with investors also eyeing the dollar. On the Comex division of the New York Mercantile Exchange, gold future for February delivery traded at $1,209.10 a troy ounce, down 0.09%, after hitting an overnight session low of $1,194.20 and off a high of $1,214.90. Overnight, gold futures edged higher on Wednesday after data revealed the U.S. private sector picked up fewer jobs than expected in November, which sparked a round of bottom fishing. Gold has taken a beating in recent months on expectations for U.S. monetary policy to grow less accommodative and boost demand for the dollar, which tends to trade inversely with the yellow metal.
TRADING STRATEGY :
SELL GOLD BELOW 1205.5 TARGET 1200.5 1994.5 SL 1211.5
BUY GOLD ABOVE 1211.75 TARGET 1216.75 1222.75 SL 1205.5
Gold prices eased in Asia on Thursday with continued focus on the holiday demand season with investors also eyeing the dollar. On the Comex division of the New York Mercantile Exchange, gold future for February delivery traded at $1,209.10 a troy ounce, down 0.09%, after hitting an overnight session low of $1,194.20 and off a high of $1,214.90. Overnight, gold futures edged higher on Wednesday after data revealed the U.S. private sector picked up fewer jobs than expected in November, which sparked a round of bottom fishing. Gold has taken a beating in recent months on expectations for U.S. monetary policy to grow less accommodative and boost demand for the dollar, which tends to trade inversely with the yellow metal.
TRADING STRATEGY :
SELL GOLD BELOW 1205.5 TARGET 1200.5 1994.5 SL 1211.5
BUY GOLD ABOVE 1211.75 TARGET 1216.75 1222.75 SL 1205.5
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