The long weekend is over.
DOW was closed yesterday due to Memorial Day holiday. DOW futures is positive due to the potential of another candidate of the vaccine for COVID-19.
Hang Seng is also in the positive despite of the impending new law China is implementing.
Trade tensions are high again.
STI is in the strong positive region despite of a potential worse off GDP contraction for 2020.
DPM Heng will provide more reliefs this afternoon.
It looks like another temporary moment to boost the STI.
DOW was closed yesterday due to Memorial Day holiday. DOW futures is positive due to the potential of another candidate of the vaccine for COVID-19.
Hang Seng is also in the positive despite of the impending new law China is implementing.
Trade tensions are high again.
STI is in the strong positive region despite of a potential worse off GDP contraction for 2020.
DPM Heng will provide more reliefs this afternoon.
It looks like another temporary moment to boost the STI.
| Stocks | Buy/Sell(AM) | Low | High | Average |
| SGX | 46.06 | 9.93 | 10.04 | 10 |
| DBS | 47.88 | 19.19 | 19.4 | 19.3 |
| UOB | 47.96 | 19.5 | 19.87 | 18.7 |
| OCBC | 53.4 | 8.53 | 8.65 | 8.63 |
| Venture | 54.01 | 15.57 | 15.77 | 15.65 |
| SATS | 42.56 | 2.87 | 2.95 | 2.9 |
| Comfort | 29.21 | 1.53 | 1.57 | 1.54 |
| CDL | 15.89 | 7.49 | 1.56 | 7.53 |
| Capitaland | 47.05 | 2.88 | 2.91 | 2.9 |
The chart shows strong buying as compared to last week.
CDL and Comfort have the lowest buying interest. CDL is probable due to lack of dividend timeline. Comfort has moved little due impending dividend date.
CDL and Comfort have the lowest buying interest. CDL is probable due to lack of dividend timeline. Comfort has moved little due impending dividend date.
would be interesting to be the institutional trades of last week after SGX release the report.
My view is that there will be more pain coming..... Enjoy the temporary relief for the moment.
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