Market Review and Trends
Singapore Stocks 2013 year-end rally?
By Singapore Stocks Investing (SSI)  •  November 20, 2013
This morning, I opened the newspapers and read that some analysts are forecasting that there will not be really a year-end rally for Singapore stocks unlike that for year 2012. The analysts interviewed predicted that stocks may just inch up slowly to the effect that the STI benchmark would hover around 3,200. Indeed, I shared the analysts’ views that stocks here may not be experiencing a bull run to cap off year 2013. At the start of year 2013, we have analysts in full droves, mostly predicting that year 2013 will be capped off by a STI which could reach as high as 3,400 in some analysts’ views. What we repeatedly see this year is Singapore stocks reacting to tapering news every now and there. Even the comments from Jane Yellen, the successor for the Federal Reserve’s chief also does not really bring about a bullish mood among our investors ......
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By Singapore Stocks Investing (SSI)
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