Dear readers, how have you been? Time flies and the first eight days of Chinese New Year is already over. And the Straits Times Index (STI) has gone down even lower to less than 2,900. Yes, there was some volatility for this week for the US stocks which has caused some stock markets including Singapore’s to head lower. Going forward, I would still stick to my forecast that we will see a correction for the global stock markets by first quarter of this year (that is by March 2021).
Let us take a look at the current Straits Times Index (STI) constituent stocks and see how they perform in terms of oversold, undersold or neutral.
For Overbought STI stocks, we have the following:
SATS stock
SIA stock
Wilmar International stock
And the following are the Oversold STI stocks:
JMH USD stock
Mapletree Industrial Trust
Thai Beverages stock
The rest of the STI stocks are neither Oversold nor Overbought:
Ascendas Reit
Capitaland stock
Capitaland Integrated Commercial Trust
City Development stock
ComfortDelgro stock
DairyFarm stock
DBS stock
Genting Singapore stock
Hongkong Land
Jardine C&C stock
JSH USD stock
Keppel Corporation stock
Keppel DC Reit
Mapletree Commercial Trust
Mapletree Logistics Trust
OCBC stock
Sembcorp Industries stock
SGX stock
Singtel stock
ST Engineering stock
UOB stock
UOL stock
Venture 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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