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Pause to continue as STI drifts sideways

Goola Warden
Goola Warden • 2 min read
Pause to continue as STI drifts sideways
SINGAPORE (Nov 16): The Straits Times Index peaked temporarily at 3,285, before retreating. At its current level of 3,238, the index has stayed above the 200-day moving average at 3,227 and the 100-day moving average at 3,208.
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SINGAPORE (Nov 16): The Straits Times Index peaked temporarily at 3,285, before retreating. At its current level of 3,238, the index has stayed above the 200-day moving average at 3,227 and the 100-day moving average at 3,208.

Chart 1: STI with moving averages and momentum

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Right timing
Straits Times Index (STI)
Ascendas REIT (AREIT)

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