Straits Times Index stocks

TWELVE STRAITS TIMES INDEX (STI) STOCKS: CHEAP TO BUY NOW?

Dear readers, there are twelve Straits Times Index (STI) stocks which have fared the worst in the previous month. The twelve STI stocks with their 4-week % price change are as follows:

CityDev (-0.13%)
UOL(-0.44%)
SIA(-0.66%)
DBS(-2.46%)
Ascendas Reit(-2.52%)
OCBC Bank(-2.92%)
UOB(-3.22%)
JMH USD(-3.34%)
CapitaLand(-4.41%)
Mapletree Com Trust(- 6.88%)
CapitaCom Trust(-8.33%)
CapitaMall Trust(-9.68%)

Are the above twelve stocks cheap to buy now? My thinking is that going forward, investors may be able to buy these stocks at cheaper prices in view of the growing uncertainties over the world economy. Singapore has earlier this week confirmed that there will be a recession this year.

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