Invest
STI Outlook – As of 5th February 2022
By Loopholes Singapore  •  February 5, 2022
Value stocks are starting to shine, so is STI Well, the heading is a little exaggerated because many of our stocks are still muted by the recent rise in infections but overall it is undeniable that Singapore’s market remains resilient thus far. As there might still be volatility ahead, we should be channeling more of our resources back into recovery themed stocks like travel and hospitality as those counter has much higher upsides the moment we get infections in check. At the same time, we will also soon see more methods to curb the virus in terms of mortality rates as the new approved drug has proven to be effective against severe symptoms. That should be able to help us stay within the 3200 to 3400 range for the time being. STI – Updated Daily Chart On the daily chart, STI performed well despite the market correction in the...
Read the full article
By Loopholes Singapore
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance