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STI consolidates as blue chips ease

The Edge Singapore
The Edge Singapore  • 2 min read
STI consolidates as blue chips ease
A temporary retreat by DBS and other blue chips have caused the STI to remain locked in a narrow range
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Although the US and global markets experienced a Biden Bump on Jan 21, the sideways trend displayed by the Straits TImes Index resumed on Jan 22. The chart pattern shows the index staying locked within a narrow sideways range.

TAGS
DBS
sideways range
uptrend
Straits Times Index (STI)
CapitaLand Integrated Commercial Trust (CICT)

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