Shares & Derivatives
STI STOCKS: OVERSOLD, OVERBOUGHT
By Singapore Stocks Investing (SSI)  •  June 7, 2017
It has been some time since we last visit the constituent stocks of STI. Let us see which of the STI stocks are oversold and overbought as of 6 Jun 2017. OVERSOLD STI STOCKS: SPH, SIA, Wilmar My comments on the above Oversold STI stock is that for SPH, the decline in its share is likely to be in line with the lacklustre overall stocks markets sentiment. The factor of a new CEO in Mr Ng Yat Chung should have already been factored in by investors in the trading of SPH stock in the few days after the announcement of the new CEO. SIA’s stock performance is probably due to the effects of a recent lacklustre financial result while for Wilmar, some substantial shareholders recently disposed of some shares. OVERBOUGHT STI STOCK: OCBC Bank OCBC stock price looks a bit run-up now, I will not advise retail investors to chase ......
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By Singapore Stocks Investing (SSI)
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