It is a good Friday today as our local society moves into Phase 2 Recovery from the circuit breaker. I could literally feel a sense of relief and joy of people when I walked around my neighborhood to do some “shopping”.
But the same cannot be said of STI. It dropped 1.16% today.
It has been a rather volatile week for STI – dropping sharply on Monday opening and then rising drastically on Tuesday opening. That was followed by 2 days of stability before the drop today. And guess what, after 5 days of volatility, STI was back to square one.
For me, this week has been a “Buy” week for me or more accurate, a “Buy” Monday as all the purchases were done on Monday when STI dropped sharply.
In my last post on Sunday, I mentioned that I was monitoring Hong Kong Land, Ireit Trust, Manulife Reit, Olam, SGX, Singtel, UOL and Lion-Phillip S-REIT ETF closely....