FTSE Straits Times Index (FSSTI)

FLCT could replace Jardine Strategic in Straits Times Index: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

FLCT could replace Jardine Strategic in Straits Times Index: CGS-CIMB

CGS-CIMB has also continued its "hold" recommendation on Jardine Matheson, with an unchanged target price of US$54.68.
Uptick in STI may wane as focus turns to Hong Kong; US uncertainty grows - THE EDGE SINGAPORE

Right Timing

Uptick in STI may wane as focus turns to Hong Kong; US uncertainty grows

Interest could shift to Hong Kong in the week of Oct 19-23 leaving the local market in the doldrums

Broker's Calls

Slow grind awaits Singapore markets despite second wind from lockdown easing

Singapore markets are down 4.7% for 3Q2020 and 23.4% down for the year 2020.
STI, Asian markets steady as the US wobbles

Right Timing

STI, Asian markets steady as the US wobbles

STI steadies on Fed guidance, short term indicators oversold

Right Timing

STI: Indicators stay weak as volatility sets in

With indicators weakening, the STI will stay hostage to short term downward pressure and the volatility of global markets.

Right Timing

STI: Some indicators turn negative despite a steady market

The Straits Times Index stayed within a narrow range during the week, ending at at 2,509, down 30 points. The move is small in relation to the market’s absolute level, and on Sept 4, the STI formed a white candle on marginally higher volume, suggesting

Broker's Calls

CGS-CIMB tells of bearish market despite a few bright spots

The Straits Times Index (STI) closed August flat at 2,532.51 pts.

Right Timing

STI stabilises but stuck in narrow range; banks could firm

The Straits Times Index stayed within a narrow range during the week, ending at 2,539, up 11 points week-on-week but below the 50-day moving average at 2,596 and its 100-day moving average at 2,589. Both moving averages appear poised for a negative cross.

Right Timing

Directional movement hints of selling pressure ahead

Directional movement comprises of ADX which attempts to identify whether the market is trending or moving sideways, and directional indicators or DIs. ADX does not identify an uptrend or downtrend. It merely indicates whether the market is trending or ran

Right Timing

Short-term sideways but rally could return

SINGAPORE (July 17): Week-on-week, the Straits Times Index slipped to 2,618, from 2,652. However, the chart pattern shows resilience. ADX is at 11, wiith the DIs neutral, indicating that a sharp move in either direction during July 20–24 is of a low pro
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