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Straits Times Index
Right Timing
Selling pressure has not abated for Straits Times Index
Selling pressure builds up for STI as US risk-free rates rise to four month high
June 30, 2023
Right Timing
Straits Times Index retreats, but downside is likely limited
Straits Times Index retreats but its downside is limited; DBS is building a base
June 23, 2023
Right Timing
The rally by the Straits Times Index is narrow, and needs to broaden out
To have legs, the STI's rally needs to broaden to include the banks. DBS's indicators have formed a positive divergence with price
June 16, 2023
Right Timing
Although aimless, Straits Times Index attempts tepid rebound
As the Straits Times attempts tepid rebound, volatile risk-free rates may stymie upmoves
June 09, 2023
Company in the news
Seatrium to be included in the STI; Keppel DC REIT heads for reserve list
Seatrium's market cap is more than $8 bil; Keppel DC REIT's $3.6 billion
June 01, 2023
Right Timing
Short term selling pressure starts to alleviate for Straits Times Index
Selling pressure on the Straits Times Index could alleviate, but the upside is likely to be capped at 3,252 in the near term
May 26, 2023
Right Timing
Risk-free rate rebound suggests STI’s rebound is temporary
Straits Times Index's rebound is likely to be temporary following rebound in risk-free rates
May 19, 2023
Right Timing
Since it’s May, investors are away as STI drifts lower
STI breaks below 200-day moving average and could fall to 3,130
May 12, 2023
Right Timing
STI could bounce off support but narrow range to persist
STI may rebound but likely to stay rangebound; 10-year treasury yield tests support and looks weak technically
May 05, 2023
Right Timing
Neutral technical indicators point to narrow range for STI
The first week of May is likely to be a quiet period for the market as ADX falls
April 28, 2023