Singapore has ended its 2 months long Circuit Breaker and has lifted the banned of social gatherings to a large extent. Streets are almost back to normal and taxis are no longer on permanent green alerts. However, the market’s reactions have been nothing but mooted in fear or geopolitical tensions and a resurgence of another wave in Beijing. Singapore’s market is getting increasingly well known for a strong currency and high dividend stock market. This means that until growth potential in other kinds of the market ends, less interest will be put in a slow and unexciting market. As to when that will happen is secondary because all that matters is to not be left behind.

STI – Updated Daily Chart

STI is clearly on an uptrend on the daily chart and there is no surprise because...