Dear readers, the Singapore stock markets, as measured by the Straits Times Index (STI) retreated in a noteworthy fashion yesterday.
The STI headed south by 0.99% yesterday.
I was not at all surprised by the performance of the STI as I have shared with readers just last week on how the STI being overbought and asked whether we could see some correction to the Singapore stock markets in the near-term.
And my prediction was correct as what we have noted yesterday from the STI performance.
I look forward to continue seeing you at SG Stocks Investing: Singapore’s financial blog on sustainable wealth creation!
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