SINGAPORE STOCKS INVESTING

Dear readers, with the Singapore stocks inching up, are we looking at the local stocks markets rebounding with global equities. And is it time to enter into those blue-chip stocks like the banking stocks which had been battered down in Dec 2018?

Dear readers, for the previous week, the STI closed at 3,265.73 as of 3 Aug 2018. Though the closing was slightly higher than the closing of 3,324.98 registered on 27 Jul 18 (i.e. the week before the previous week), I would still retain my reading (as per my previous post on the STI here ) that the Singapore stocks markets remain in a position of non-bullishness. The STI, a barometer of the Singapore stocks may be making little gains here and there but the overall narrative remains bearish.