Dear readers, the Singapore Straits Times Index (STI) is currently above the 3,000 level at 3,157.95. At this current level, the STI is actually Overbought based on the RSI level. With the STI Overbought, there are currently a number of Overbought STI constituent stocks as well and this is not surprising. So are there still any Oversold STI stock currently given how Overbought the STI has already been?
Well, surprise or no surprise, there is actually one Oversold STI stock right now. And this STI stock is none other than DairyFarm stock. DairyFarm stock last traded last week at USD 4.35 per share. This stock price is still about 16.9% above its 52-week low of USD 3.72. In terms of dividend, DairyFarm stock offers a 3.79% dividend yield currently.
As always, this post is not to recommend DairyFarm stock, but rather it is part of the usual screening of notable move of STI constituent stocks!
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
BINGE READ ALL POSTS!
Visit Home Page for more reads or Connect here!