Weekly/Monthly Wrap

STI closed this week at 3291.14, with 21.83 point or 0.7% gain. Another 9points to reach my immediate target 3300. It should be easily takeover in coming week.

For major indexes in below table, Shanghai gained the most with 5.6% up. All the rest indexes are bullish for the week. A picture says thousand words.

Jan 2013 just ended, below table shows major indexes performance the month, the champion goes to DJI with 5.8% gain, and Shanghai followed by 5.1%.

STI next major target is at 3680 for this year. Let's see if it can achieved.