Singapore Stocks ended 0.72% south today (on 23 September 2013) with the benchmark STI at 3,214.25. As I have predicted, the euphoria of the local stock market over the continuation of the US $85 billion bond buying is superseded with attention of the market on the US debt ceiling matter and the EU-IMF audit of Greek fiscal performance and reforms. For the other factor of the Germany Election, I believe the impact of the election is not really weighing on the local markets as Angela Merkel should be able to win the election. Looking at the top 20 volume stocks today, we can see that the stocks are no large cap or blue chip stocks. I feel that for the time being, the local stock market should behave quite similar to today, moving and trading within a bound.Only should there be some news related to acquisition or ......
