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STI stocks outlook 11 Jun 13: sideways consolidation
By Singapore Stocks Investing (SSI)  •  June 11, 2013
Today, the STI stocks market is lacklustre as I have expected, heading south by the same percentage points as the gains it has seen earlier this week. What I think of about the movement of the STI is that it will be moving sideways with penny stocks still making up the top volume. Golden Agriculture stock heads up north today in price, and I will not be surprised, looking at the crude palm oil prices heading northwards, that the price of Golden Agriculture stock will be moving in the same direction too. There is not really an impetus to make investors excited about or any impetus to force investors to sell their stocks en mass. But what I can vision is that the Singapore stocks due to the “tapering effect” are entering into a boring zone once again after a very bullish rally to the 3,400 mark and beyond. If ......
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By Singapore Stocks Investing (SSI)
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