STI VS SSE, Which Is Better?
If you have been in the stock market over the last 12 months, it must have been an emotional rollercoaster for you; with most indexes experiencing a correction. The STI corrected more than 20%, sending many blue chip stocks into bear territory, including the 3 banks stocks.
Chart 1 compares STI with the Shanghai index.
Chart 1: Movement of STI vs SSE over the last 12 months
From the chart, we could see that both indexes are currently 20% lower than where it was 12 months ago. So, as an investor, what is the difference and which would you prefer?
From technical point of view, most investors would prefer SSE as this index provides a very important element in investing, Volatility. Without volatility, investors have no opportunity to profit. Since January 2014 to now, my message to over 1000 people, consisting of my students ......