The past few rollercoaster trading sessions saw the index widening its range on the back of increasing volatility. It has now fully broken the 6,800.00 level, closing -1.72% lower at 6,795.13 on Tuesday. Indicators are showing increasing selling momentum, which points to a possible retest of the 6,630.00 support this week.
The Property sector led the decline yesterday, shedding about -2.26% to close at 3,250.84. The relatively most stable out of the sectors was the Service Industry, which edged just 0.04% lower to 1,615.78.
Support: 6,630.00 / 6,400.00
Resistance: 7,000.00 / 7,160.00