Dear readers, the most interesting story about the Singapore STI has been the turn-around of ComfortDelgro stock. From a close of $1.965 to the last trading price of $2.08, it has been a nice move up of around 6% for ComfortDelgro stock. Now let us look at the performance of the other STI constituent stocks for the previous trading week.
Ascendas Reit stock price has been heading south to the point that the stock is just oversold (at RSI=30). CapitaMall Trust stock is also oversold, a good opportunity now, considering that the last time the Trust was oversold was in Nov 2016? HPH Trust, Trust which has gone south ever since its IPO is currently also now just oversold. Rounding up the list of oversold STI stocks are ST Engineering and Thai Beverages.
There is also one Overbought STI constituent stocks currently and it is none other than ......