Dear readers, the Singapore Stock Markets are now oversold with the benchmark indicator, the Straits Times Index (STI) now in an oversold region (RSI of below 30).
Two third or 20 of the 30 STI stocks are now oversold, and they are:
Ascendas Reit
Capitaland Integrated Commercial Trust
City Development stock
DairyFarm stock
Frasers Logistics and Commercial Trust
Hongkong Land stock
Keppel Corporation stock
Keppel DC Reit
Mapletree Pan Asia Commercial Trust
Mapletree Logistics Trust
Mapletree Industrial Trust
SATS stock
Sembcorp Industries stock
SIA stock
ST Engineering stock
Thai Beverages stock
UOB stock
UOL stock
Venture stock
Wilmar International stock
The remaining 10 STI stocks are neither Oversold nor Overbought and they are:
Capitaland Investment stock
DBS stock
Emperador stock
Genting Singapore stock
Jardine Matheson Holdings stock
OCBC stock
SGX stock
Singtel stock
Jardine C&C stock
YangZiJiang stock
I expect more headwinds for Singapore and other stock markets.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! I also run another blog Singapore Stocks Investing with similar useful insights! 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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