
STI ETF
Traded Value$Keppel(BN4.SG)Keppel Ltd eased 0.91% during the session retreating from its opening level as selling pressure emerged from the outset. After briefly testing an intraday high, the stock gradually weakened and finished the day below both its opening price and the volume-weighted average price. Trading remained orderly, with 2.72 million shares changing hands for a total turnover of S$29.54 million, suggesting measured profit-taking rather than broad-based liquidation.
From a technical perspective near-term momentum has softened following the stock’s failure to hold above a key resistance level. Immediate support is now in focus while the previous resistance zone is likely to act as the first hurdle for any rebound. A sustained recovery above resistance would help improve short term sentiment whereas a break below support could expose the stock to further downside pressure in the sessions ahead.
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