Dear readers, do you know that currently, the Straits Times Index (STI) is trading below its 200-days-moving average?
Based on technical chart literature, the above trend goes to show that the Singapore stocks markets, as measured by the benchmark Straits Times Index, is still currently in a longer-term downtrend.
And accompanying the STI, there are sixteen STI constituent stocks which are also trading below their 200-days-moving averages as follows.
Capitaland Investment stock
Capitaland Integrated Commercial Trust
City Development stock
DairyFarm stock
Frasers Logistics and Commercial Trust
Genting Singapore stock
Hongkong Land stock
Jardine Matheson Holdings stock
Mapletree Pan Asia Commercial Trust
SATS stock
Singtel stock
Thai Beverages stock
UOB stock
UOL stock
Venture stock
Wilmar International stock
On the other side of the spectrum, there are fourteen STI stocks trading above their 200-Days-Moving Averages as follows.
Capitaland Ascendas Reit
DBS stock
Emperador stock
Jardine C&C stock
Keppel Corporation stock
Mapletree Industrial Trust
Mapletree Logistics Trust
OCBC stock
Seatrium Limited stock
Sembcorp Industries stock
SGX stock
SIA stock
ST Engineering stock
YangZiJiang stock
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!
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