After staying above the support of 3120 for 2 consecutive days, on 8 Jan 2014, STI rallied and managed to close at day high of 3150.65. Looking at the 30 component stocks, 23 stocks are in the positive territory and 5 no change in performance. While the index rallied, it is a twist of fate for those "favorite stocks".
Twist of fate for those "favorite stocks"
In the Big Cap category, SIIC Environment, Hankore Environment, Charisma Energy registered a negative return of 6%, 4.1% and 2.3% respectively.
In the Small Cap category, Vallianz, Memstar Technology, Viking Offshore and Marine and Otto Marine, Albedo Limited registered a negative return of 9.7%, 1.9%, 8.1%, 9.4% and 5.4% respectively.
What is even interesting to find on Forum, some reckon that the selldown was due to UOBKH updated its small cap list (aka UOBKH effect). Some reckon that BB who bought cheap ......
