SINGAPORE shares end higher on Monday.
The Straits Times Index gained 7.02 points to 3,307.7.
Some 897.2 million shares, valued at S$897.2 million were traded.
Gainers numbered 193 while losers numbered 239.
KLSE Stock Signal Update
Today's KLSE Stock Recommendation @ 11:17 AM MST
✔We Hit The First Target !!
■■ BUY MPHB CAPITAL ABOVE 2.105 TARGET 2.145 2.245 SL 1.040
SGX Comex Recommendations
INTERNATIONAL COMMODITY NEWS :
Gold prices held flat to slightly higher in Asia on Monday with investors focused on weak inflation trends across the globe.On the Comex division of the New York Mercantile Exchange, gold futures for February delivery were flat to slightly higher at%1,277.10 a a troy ounce.Last week, gold rallied to the highest level in more than four months on Friday, as demand for safe haven assets was boosted amid turmoil in the currency market, following the Swiss National Bank’s surprise policy decision to scrap its peg against the euro.A day earlier, gold surged $30.30, or 2.45%, to close at $1,264.80 an ounce.Also on the Comex, silver futures for March delivery soared fell to $17.678, down 0.41%.Gold rallied sharply after the SNB shocked the markets on Thursday, saying it would discontinue the minimum exchange rate of 1.20 per euro it imposed in September 2011.
TRADING STRATEGY :
BUY GOLD ABOVE 1285 TARGET 1290 1296 SL 1279
SELL GOLD BELOW 1272 TARGET 1267 1261 SL 1278
Gold prices held flat to slightly higher in Asia on Monday with investors focused on weak inflation trends across the globe.On the Comex division of the New York Mercantile Exchange, gold futures for February delivery were flat to slightly higher at%1,277.10 a a troy ounce.Last week, gold rallied to the highest level in more than four months on Friday, as demand for safe haven assets was boosted amid turmoil in the currency market, following the Swiss National Bank’s surprise policy decision to scrap its peg against the euro.A day earlier, gold surged $30.30, or 2.45%, to close at $1,264.80 an ounce.Also on the Comex, silver futures for March delivery soared fell to $17.678, down 0.41%.Gold rallied sharply after the SNB shocked the markets on Thursday, saying it would discontinue the minimum exchange rate of 1.20 per euro it imposed in September 2011.
TRADING STRATEGY :
BUY GOLD ABOVE 1285 TARGET 1290 1296 SL 1279
SELL GOLD BELOW 1272 TARGET 1267 1261 SL 1278
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