Today, most Singapore stocks had a stellar showing as the STI went up 1.66% The banking stocks were especially buoyant, opening and closing for the trading day a gap up in terms of stocks candlesticks. Ezra stock continued to defy gravity by heading another 7.2% north. I am not able to explain why Ezra stock has been heading up and up and hence I should not focus on the stock. The rally in price might have prompted retail investors to join the “rally party” and buy Singapore stocks now. Well, my advice is that investors should do it via “tranches”. The global stocks markets may still not be the most buoyant yet and retail investors should not put so much capital into the stocks markets yet.

Other blue chip stocks like SGX, Sembcorp Industries and Sembcorp Marine also opened and closed the trading up via a “gap up” …