STI component stocks: winners and losers at end H1 2015

STI stocks in the red doubles

  • QoQ Straits Times Index is down 3.76% from March close.
  • Half year performance STI is down 1.39% from 31 Dec 2014 close.
  • For the quarter, 24 stocks go into the red compared to 12 end Q1.
  • Gain leaders are Comfort Delgro and Hong Kong Land. Singtel was displaced from pole position.
  • Loss leaders are Jardine Cycle & Carriage and Noble, displacing Genting Singapore.
  • This links to Q1 performance.
Straits Times Index component stocks Q2 2015 performance

Straits Times Index component stocks Q2 2015 performance

Straits Times Index component stocks H1 2015 performance

Straits Times Index component stocks H1 2015 performance

Straits Times Index bounces off low-of-year

Key features of this chart are:

  1. 1.5 year trend line broken, may serve as resistance.
  2. Lower-high lower-low sequence terminates trend visible in previous 3 quarters.
  3. STI bounced off low-of-year at 3267.89 (07 January) by thin margin 3267.88 (29 June).
STI daily chart from 2014 - June 2015

STI daily chart from 2014 – June 2015

 

And this is what the heatmap has to say

Major losers come from the Jardine family of stocks.

SGX 3-month performance heatmap

3-month performance heatmap | Source: SGX

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Soh Tiong Hum is Director of TerraSeeds Market Technician Pte Ltd. TerraSeeds is a trading educator in Singapore since 2005.   Soh's Twitter account @sohtionghum was ranked #23 out of The Top 70 Twitter Accounts To Follow In 2015 by MahiFX.   Disclaimer notice: "I do not have a financial advisor's license. I am not qualified by any regulator to give financial advice. I do not know you the reader. Your investment means and motive may be different from me. My posts here are based on observations and meant for education. I am not responsible for for any consequence from your actions."
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