Dear readers, no surprise right here that the Singapore stocks are oversold right now, as measured by the Straits Times Index. Accompanying the oversold Straits Times Index are eighteen constituent stocks of the Straits Times Index which are similarly oversold.
These eighteen Straits Times Index stocks are:
1. City Development stock
2. ComfortDelgro stock
3. DairyFarm stock
4. DBS stock
5. Genting Singapore stock
6. Hongkong Land
7. Jardine C&C stock
8. JMH USD stock
9. JSH USD stock
10. Keppel Corporation stock
11. OCBC stock
12. SATS stock
13. Sembcorp Industries stock
14. SIA stock
15. Singtel stock
16. SPH stock
17. UOB stock
18. UOL stock
Though the above STI stocks are oversold now, investors may wish to wait for more clarity lest a “falling knife” is caught.
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