STI sitting one point above key 3000 level

sgbuffett

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21-10-2022, 10:45 AM

STI is least dramatic index in the world. It only start to crack last 2 weeks with foreign investors initially holding on then fleeing recently it broke below 3000 level then rebounded now it's dried again down to 3000.

Which sectors fall is also telling. Reits and semi con are hit very bad and these were the ones popular among investors last yr.

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I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.

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forum456

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21-10-2022, 01:39 PM

Sgbuffet is genius !

STI dropping 40 points

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ysh02

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21-10-2022, 01:46 PM

Yes STI dropped below 3K now sitting at 2982 loh.....see evening got rebound boh..

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Gemstar

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21-10-2022, 02:03 PM

(21-10-2022, 01:46 PM)ysh02 Wrote: Yes STI dropped below 3K now sitting at 2982 loh.....see evening got rebound boh..

Situation doesn't looks good breaking the barrier of 3k. And UOB has broken the support barrier of $26 after hovering around $26.02 to
$26.45 several times.

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