Technically this market snapshot is not really end Q2 – its is already one week into July as I wrote this article late.
But market had some big movements on Fri 6 Jul, after latest round of property cooling measures announced on Thursday (5 Jul) night. So i might as well base this article on 5 Jul closing price, to better reflect latest market movement.
|Source: Business Times, 7 Jul 2018|
Q1 article can be found here.
- As of last Friday, there was only one company priced above 75th percentile of its past 52 week price range: Comfort Delgro. There were 5 companies in Q1: CDL, Venture, and the three banks. Venture had since registered a spectacular drop due to trade war fear and worries on tech stocks, while banks and CDL were roiled by the recent property cooling measure.
- There are 17 companies within 25% of their …