The STI is positively green this morning. It carried from yesterday momentum. DOW is in the RED though.
It must be feel good vibe as Singapore exits from Circuit Breaker and enter into phase 1 of re-opening.
I was quite surprised by the strength of property counters and SATS and Comfort. Banks are pushing higher with less gusto than yesterday.
It must be feel good vibe as Singapore exits from Circuit Breaker and enter into phase 1 of re-opening.
I was quite surprised by the strength of property counters and SATS and Comfort. Banks are pushing higher with less gusto than yesterday.
| Stocks | Buy/Sell(AM) | Low | High | Average |
| SGX | 38.17 | 8.25 | 8.58 | 8.35 |
| DBS | 42.51 | 19.8 | 19.94 | 19.92 |
| UOB | 50.34 | 19.81 | 20 | 19.95 |
| OCBC | 50.84 | 8.67 | 8.77 | 8.73 |
| Venture | 35.54 | 15.8 | 15.95 | 15.85 |
| SATS | 62.62 | 2.71 | 2.83 | 2.78 |
| Comfort | 72.73 | 1.45 | 1.51 | 1.47 |
| CDL | 56.58 | 8.1 | 8.27 | 8.16 |
| Capitaland | 51.84 | 3.01 | 3.07 | 3.04 |
I think that STI is trying to catch up the DOW gains from last week. But I anticipate this week will be challenging for the DOW due to the civil unrest and tensions with China.
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