Straits Times Index (STI)

Financial markets continued to limp into the second half of 2020, with the benchmark Straits Times Index (STI) declining 3.1% w-o-w to 2,495.09 on Monday morning.

The Straits Times Index fell further during the shorter week, to 2,529, down 45 points week-on-week, placing it well  below its 50- and 100-day moving averages, currently at 2,626 and 2,588 respectively. The chart pattern remains weak but some support co

The benchmark Straits Times Index (STI) slid 1.3% week-on-week to 2,581.66 this morning, after Singapore’s factory output contracted for the second straight month in June.

Directional movement comprises of ADX which attempts to identify whether the market is trending or moving sideways, and directional indicators or DIs. ADX does not identify an uptrend or downtrend. It merely indicates whether the market is trending or ran

Despite the positive showing, as well as the gradual re-opening of tourist attractions and hotels, most of the STI constituents remained in the red.

SINGAPORE (July 17): Week-on-week, the Straits Times Index slipped to 2,618, from 2,652. However, the chart pattern shows resilience. ADX is at 11, wiith the DIs neutral, indicating that a sharp move in either direction during July 20–24 is of a low pro

The Straits Times Index (STI) fell 1.7% to 2,689.61 points as at noon today, from last Monday’s 2,644.9 following the Singapore General Election 2020 held last Friday.

Contrary to fears of a shaken investor confidence following opposition gains, market analysts expect that a more diverse parliament could prevent government "groupthink".

SINGAPORE (July 9): Although the Straits Times Index ended the shortened trading week of July 6-9 unchanged at 2,652, indicators have strengthened. Despite this, the index may not make spectacular moves. ADX which points to market direction is at 14, whic

SINGAPORE (July 3): Support at the 2,620 area has held for the Straits Times Index, as has its 50-day moving average — currently at 2,607. On July 3, the STI closed at 2,652. The moving average has turned up since the week of June 22–26, and the index