August 2017, STI down 52.26 points or 1.57% lower to close at 3277.26.
July 2017 STI was up 103.04 points or 3.19% from June to close at 3329.52. Straits Times Index lost half of July gains in August.
Winners: In pole position, Capitaland followed by Yangzijiang Shipbuilding.
Losers: At the bottom, worst performers are Sembcorp Industries followed by Singtel.
As a note, we published a Sembcorp Industries feature on 07 August which spotted a sell setup with our HABBSTS stock system.
Market breadth: 9 stocks advance, 19 decline.
Straits Times Index constituents month-end performance end August 2017 | Source: Sginvestors.io
For end of July performance, click here.
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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
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"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."