Singapore Stock shares up on Japanese Yen

November 6, 2010 under Singapore Stock

Singapore shares rose Thursday, lifted by positive feelings occurred in Japan

The declining value of the yen. But analysts see the head shortly after lunch.

“The Bank of Japan, which happened after the intervention on the U.S. market was closed, because

drives the market right now, “said Tey Tze Ming, a market strategist at Saxo Capital

Markets.

Japan intervened in the foreign exchange market for the first time in six years Wednesday

Stem the economic damage from the strong yen, pushed the currency to reduce by 2 percent and promotion

The Tokyo Stock Exchange.

Tey said that the IST and around 3065 points, there may be some of the constituents to be limited

saw their share overbought relative strength index or RSI technical

predictor of short-term orientation in a stock or index.

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