Chua Wei Ren: Singapore’s SIMSCI is showing re-accumulative stage and may break 460 plus technical calls over City Dev, SIA, SingTel
The Singapore market refreshed new record highs this week. The MSCI Singapore Free Index (SIMSCI) closed above 460 points on Wednesday, while the Straits Times Index closed at 5,072.34.
CGSi analyst Chua Wei Ren who specialises in short-term technical analysis believes that the SIMSCI may see further new highs, with 482 and 510 as possible higher high levels. He also shares his technical views on City Dev, Singapore Airlines and SingTel. His views can be found in this report: https://rfs.cgsi.com/api/download?file=0cf95e96-7cdf-40e5-beaf-b94cac3334aa
Warrant investors keen to trade on Wei Ren’s short-term technical view on the various underlyings mentioned can consider the below trending warrants listed on the SGX:
Trending SIMSCI call $SIMSCI 460MBeCW260629(HUKW.SI)$ : https://warrants.com.sg/tools/livematrix/HUKW
Trending City Dev call $CityDev MBeCW260930(TPWW.SI)$ : https://warrants.com.sg/tools/livematrix/TPWW
Trending SIA call $SIA MB eCW260930(FNVW.SI)$ : https://warrants.com.sg/tools/livematrix/FNVW
Trending SingTel call $SingtelMBeCW261030(YFQW.SI)$ : https://warrants.com.sg/tools/livematrix/YFQW
There are no trending put warrants available over the above names.
*Trending warrants refer to the warrants quoted on the tightest spreads and highest liquidityNote:Wei Ren and/or CGSi are independent of, and not affiliated with, Macquarie. Wei Ren’s view does not represent that of Macquarie’s and may contradict Macquarie Research’s viewpoint
Modify on 2026-05-22 09:20
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