Market Review and Trends
Market View 28 August 2013
By Singapore Stock Lobang  •  August 28, 2013
US stocks fell sharply in overnight trade due to increasing worries over potential strike against Syria, or is it really the case? Our market is also in a pool of red in yesterday trading and I can only spotted a couple of green leaves. Olam closed up 3cts but it is annoucing its FY result on 29 August after market hour, so take note. Those with China and Sino in the stock name also took a hit yesterday with Sinograndness down 22cts or 17% to close at 1.05 I believe that the buying opportunity is getting stronger as the selling get more intense. I am closely watching and monitoring the situation now....
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By Singapore Stock Lobang
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