Genting Singapore Share Price

Saturday, September 24, 2011

Genting Singapore Share Price vs STI Performance

The share price of Genting Singapore has largely followed STI. See graphs below.
Chart for Genting SP (52 weeks). Source: ChartNexus
Chart for STI (52 weeks). Source: ChartNexus

STI has reached a one year low of 2600-2700. The strong support at 2700 was breached on 23 Sep 2011 (Fri). The next level to watch is 2600. If STI is to go lower, Genting Singapore share price will likely to follow suit.