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Right timing: Correction persists as annual momentum falters

Goola Warden
Goola Warden8/18/2017 11:01 PM GMT+08  • 2 min read
Right timing: Correction persists as annual momentum falters
SINGAPORE (Aug 18): Here are two charts of interest this week:
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SINGAPORE (Aug 18): Here are two charts of interest this week:

Straits Times Index (daily)
The STI Index (3,251) lost a further 28 points during the week following a 47-point loss in the prior week. This caused the STI to fall below its 50-day moving average at 3,272. On Friday, the entire trading range for the index stayed below this moving average.

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