Tuesday, August 7, 2018

ONE VERY IMPORTANT NOTE ABOUT THE SINGAPORE STOCKS MARKETS EVERY INVESTOR SHOULD KNOW…. NOW


Singapore Stocks
Dear readers, yesterday the Singapore Stocks Market STI inched up by around 0.60% in line with the other Asian stocks as the China’s central bank took steps to drag the Yuan away from the 14-months lows.

Aside to the aforementioned, one must also note that now is the current reporting seasons by listed companies, a number of which are in the STI constituent stocks. Hence the bullishness of the STI is in part boosted by the performance of those stocks where investors help to push the share prices up due to good earnings performance.

But strip away those bullish sentiments of good STI stocks performance. Strip away the one-time factor of the Yuan and the longer narrative is the more sustained factor of trade tensions between the US and China.

Hence I am maintaining a bearish view of the Singapore stocks markets for now. Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.


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