Shares & Derivatives
Sembcorp Industries falls 15% from recent highs. Should investors be concerned?
By Beansprout  •  September 7, 2023
Sembcorp Industries’ share price has fallen close to 15% from its recent high. We analyse what is driving the weakness and if this is an opportunity for investors to buy the dip. What happened? We’ve been getting questions from the Beansprout community on the weakness in Sembcorp Industries’ (SCI) share price in the past month. From a recent high of S$6.10 on 7 August, Sembcorp Industries’ share price has fallen by close to 15% to reach S$5.15 as of 7 September. Source: Beansprout The share price fall came despite the inclusion of Sembcorp Industries in the MSCI Singapore Index on 1 September 2023. With the inclusion, Sembcorp Industries will be one of 22 components of this index designed to track the underlying performance of mid to large capitalisation companies in the Singapore market. Let us look at Sembcorp Industries’ recent developments to understand if the sell-off in the past month is warranted....
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By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.
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