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Trading around the core
By Invest For Yourself  •  November 24, 2020
I hope you have caught the rally train with STI in the last few weeks. A fortnight ago, I wrote that I was holding out the optimism that the rally in STI would continue, after it rose 7% from the trough clocked on 30th Oct. I wasn’t sure that the rally could sustain especially with all the challenges around us. Boy oh boy, since then, STI has gained another 12%. It is now on the cusp of being declared to be in a bull run (i.e. 20% rise from the trough). Who would have thought of that just a month ago? DBS rose from $20.35 to $25.60 today, even Singtel has a spectacular run from $2 to $2.50 in the same period! I hope you have benefited from it. I had but not the 20% gain like STI. This is because I had been selling a portion of my portfolio...
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By Invest For Yourself
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