STI enters slight correction At the week’s closing, STI closed slightly higher than last week’s closing. Noticeably, STI did not follow the rise of US indices in the past week. With the US back in its bullish mode, perhaps STI might retrace further before climbing again. On a more positive note, Singapore’s economy continues to gain momentum as the nation expects positive GDP growth in Q2. As For the recent news on the updates for Singapore’s 4G leadership, some investors are starting to speculate changes in policies which has been set forth by DPM Heng. However, an official statement released in response to that concern expresses that all policies announced are here to stay. Personally, I would focus more on the overall economic growth for this year as that would likely outshine most shocks to the system this year. STI – Updated Daily Chart Zoom in image...