Soon, STI will see greener days Due to the new variants of the Covid-19 virus, STI has been sluggish for the past 3 months due to the uncertainty of resuming pre-pandemic activities. Fortunately, the index is still relatively resilient and we should expect a further recovery soon when vaccination is near our ideal targets. This is in addition to the progress of vaccination in other developed nations, though we will not be able to say the same for less developed nations. That said, companies should be reporting further recovery in their business revenues especially hard-hit sectors relative to FY20 performance. In this week’s market outlook, we can see that STI retreated a little which is only normal since Singapore’s economy is heavily reliant on, tourism, trade, and travel, which were held back by the May to June restrictions. STI – Updated Daily Chart On the daily chart, I...