Dear readers, the Singapore Straits Times Index (STI) closed at 3,381.45 yesterday (2 Aug 2024), this is about 1.3% down for the week from the 3,426.47 mark on 26 Jul 24.
Of the 30 constituents, only one stock, SIA is currently oversold with RSI below 30.
SIA stock was down from $6.97 on 26 Jul 24 to $6.11 yesterday: for the week, SIA stock has declined by 12.3%!
SIA was not the only STI stock that has not fared well for the week. Beside the candlestick gap down formation for SIA stock, the following STI stocks also experience a gap down in their stock price for the week.
DBS
JMH
Seatrium
Sembcorp
Singtel
UOB
Yangzijiang
There was one anomaly among the STI stocks: Capitaland Ascendas Reit rallied and is currently at Overbought region.
How has the Straits Times Index (STI) perform as at 16 Aug 2024?