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STI Technically Into Bear Market (3)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  March 14, 2020
Read? STI Technically Into Bear Market (2) SINGAPORE equities resumed trading on Friday afternoon, recovering some of the early-session losses after the global stock rout amid growing worries over the virus outbreak's economic fallout. Sentiment has improved slightly after the Bank of Japan rolled out an unscheduled 200 billion yen (S$2.67 billion) bond-buying plan along with a liquidity injection. The Straits Times Index (STI), which fell more than 6 per cent in the early minutes of Friday's session, was down 66.64 points or 2.5 per cent to 2,612.00 as at 1.04pm. The STI's 5 per cent drop at the commencement of Friday trading was its largest decline at the open since October 2008. Shortly after the afternoon session began, volume traded on the Singapore bourse clocked in at 1.38 billion securities with a total turnover of S$1.55 billion. Both volume and turnover have already exceeded their respective 2019 intraday averages. CW8888: Walau! ---------------------- STI : 2,510.88 - 2,676.84...
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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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