2014 is Wooden Horse Year. Base on Fengshui and Numerology, stocks associate with water and transportation (Horse is used as transportation in the old days) should do well in 2014. This trigger me to do an analysis on the Maritime sector and shipping stocks in Singapore.
Original post by Marubozu from My Stocks Investing Journey.
FTSE ST Maritime Index Chart
The index has started an uptrend (forming a Higher High and Higher Low) but need to see whether all the key component stocks are on up trend. If all big cap component stocks are showing the same up trend pattern, it means the shipping sector has recovered in 2014 as investors are back in this sector.
FTSE ST Maritime Index Components Stocks
Yangzijiang has the largest weightage (48.31%) in this index, followed by NOL, Cosco Corp, Jaya Holding and the rest.
Fundamental Comparison for Key Component Stocks
In general, …