Dear readers, let us take a look at the oversold Straits Times Index (STI) stocks as at 18 Aug 2023.
But first of all, what is noteworthy is that the STI is currently now at 3,1793,93 and is now oversold.
It it hence not surprising that majority of the STI constituent stocks are oversold as detailed below.
The oversold STI stocks, each with a RSI of below 30 are:
Capitaland Investment stock
Capitaland Integrated Commercial Trust
City Development stock
DBS stock
DairyFarm stock
Frasers Logistics and Commercial Trust
Jardine Matheson Holdings stock
Keppel Corporation stock
Mapletree Pan Asia Commercial Trust
OCBC stock
SATS stock
SIA stock
Singtel stock
UOB stock
UOL stock
Venture stock
Wilmar International stock
There is one overbought STI stock:
YangZiJiang stock
The remaining STI stocks are neither overbought nor oversold:
Capitaland Ascendas Reit
Emperador stock
Genting Singapore stock
Hongkong Land stock
Jardine C&C stock
Mapletree Industrial Trust
Mapletree Logistics Trust
Seatrium Limited stock
Sembcorp Industries stock
SGX stock
ST Engineering stock
Thai Beverages 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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