Invest
STI Outlook – As of 17th April 2021
By Loopholes Singapore  •  April 24, 2021
STI is still waiting to be fully “vaccinated” As STI continues to consolidate, we strongly believe that the index will sit on the fence until there is further confirmation of stability in the economy. Not to mention that the number of new infections in some parts of the world like Japan and India is skyrocketing and thus, threatening supply chains and the resumption of global travel yet again. At the moment, the Singapore city-state is spared as there are measures on hand to manage any signs of community infections however, an extension of this pandemic is still highly threatening to our economy as well. With the market running on fuel based on optimism at the moment, investors should start weighing their options and consider taking on a lower risk approach for the time being. STI – Updated Daily Chart Zoom in image of the daily chart...
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By Loopholes Singapore
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