Dear readers, Singapore stocks as measured by the Straits Times Index (STI) went down by 1.27% in today’s session. From the reports which I read, the southing of the STI was not unexpected as the STI performance tracked overnight losses on wall streets.
The five top losers for today’s Singapore stocks session are:
- JMH stock: -3.87%
- Jardine C&C: -2.48%
- Mapletree Logistics Trust: -2.37%
- Ascendas Reit: -1.94%
- CapitaLand International Commercial Trust -1.92%
Both Keppel DC Reit and Thai Beverages were unchanged.
HongKong Land stock bucked the trend, closing higher at 2.33%.
I am not surprised at the performance of today’s Straits Times Index performance as I have just shared recently that there was already some technical justification for the worsening of the Straits Times Index to come.
In tomorrow’s post, I will share with you some more details, stay tuned to my post!
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