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Monday, March 30th, 2026

Singapore Market Trendspotter: MSCI Outlook, Technical Sell Calls on Hongkong Land & SATS (March 2026) 1

Excerpt from CGS International report.

Report Summary

  • Idea of the Day – MSCI Singapore Free Index (SIMSCI):
    – Market remains in a major uptrend.
    – Possible further correction to 422.00 pts before recovery.
    – Near-term (1-2 months) target: 470.00 pts.
    – Key support: 436.00 pts.
    – 6-month target: 482.00 pts.
    Action: Remain bullish; watch for entry on correction.
  • Hongkong Land Holdings Ltd
    Action: Technical Sell
    Entry: 7.85, 8.41
    Stop Loss: 8.78
    Target 1: 6.78
    Target 2: 5.60
    Key Idea: Bearish reversal pattern confirmed; momentum has turned negative. Multiple technical indicators signal further downside.
  • SATS Ltd
    Action: Technical Sell
    Entry: 3.56, 3.64
    Stop Loss: 3.96
    Target 1: 3.20
    Target 2: 2.98
    Key Idea: Price action confirms bearish pressure with a break below rising wedge formation and negative momentum indicators.

above is an excerpt from a report by CGS International. Clients of CGS International can be the first to access the full report from the CGS International website : https://www.cgs-cimb.com

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