Market Review and Trends
STI Outlook – As of 31st July 2021
By Loopholes Singapore  •  July 31, 2021
No positive news expected for Pandemic or review of restrictions As Singapore continues to see a triple-digit spread of the virus, we will unlikely see any good news reported by the MTF in the coming week and should be aiming for another review by 18 August. At the moment, the spread of the virus does not seem to be slowing and the number of cases that require medical support is increasing as well. As the market continues to stay cautious, I believe investors should brace for some unexpected measures that can potentially send a shock to the market and send it back to support level. Otherwise, we should still be looking forward to our postponed national day as we celebrate both our nation’s birthday as well as at least 75% of our population vaccinated with 2 doses. A word of advice is to start looking at valuations of the stocks we own and how they fare compared to pre-COVID levels,...
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By Loopholes Singapore
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