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OVERSOLD STRAITS TIMES INDEX (STI) STOCKS: WHAT TO KNOW?

Dear readers, today, let us take a quick look at the list of Straits Times Index (STI) stocks which are currently oversold.

The Oversold STI stocks are as follows:

Capitaland Investment stock

Capitaland Ascendas Reit

Hongkong Land stock

Mapletree Industrial Trust

Wilmar International stock

There are three two Overbought STI stocks and they are:

Sembcorp Industries stock

SIA stock

Thai Beverages stock (8 Jun 2023 correction: Thai Beverages should be an Oversold STI stock, not an Overbought STI stock)

That means to say, the remaining STI stocks are neither oversold nor overbought:

Capitaland Integrated Commercial Trust

City Development stock

DairyFarm stock

DBS stock

Emperador stock

Frasers Logistics and Commercial Trust

Genting Singapore stock

Jardine C&C stock

Jardine Matheson Holdings stock

Keppel Corporation stock

Keppel DC Reit

Mapletree Logistics Trust

Mapletree Pan Asia Commercial Trust

OCBC stock

SATS stock

SGX stock

Singtel stock

ST Engineering stock

UOB stock

UOL stock

Venture stock

YangZiJiang stock

I know some investors may no longer feel it is important to know which stocks are overbought and which are oversold since oversold stocks do not mean stocks will rebound soon and overbought stocks do not mean stocks will retreat soon. My weekly sharing here is more for tracking of the Straits Times Index, which is often touted as the barometer of Singapore stocks markets.

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