Dear readers, let us review the performance of the STI constituent stocks for the period 16 Oct 2017 to 20 Oct 2017. As usual, we will focus on the Overbought and Oversold STI stocks to deduce certain insights of Singapore stocks.
Overbought STI stocks include City Development stock, DBS stock, HongKong Land stock, Keppel Corporation stock, OCBC stock, Sembcorp Industries stock, SGX stock, Singtel stock, Starhub stock, Thai Beverages, UOL stock and Wilmar stock.
We can see by virtue of the number of overbought STI stocks that the Singapore stocks markets actually show no signs of let down......