Thursday, 27 October 2016

Sembcorp Ind (U96) - 27 Oct 2016



Sembcorp Q3 profit falls 56% as all divisions but utilities turn red.

Marine, offshore engineering businesses hit; but utilities division posts 21% profit gain


From the weekly chart, Sembcorp Ind is on a weekly down-trend. A breakout from this line will signal a reversal in trend.

Price support is at $2.45 and next support is at $2.39.

The price resistance is at  and $2.54 and next level of resistance is at $2.62.

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