October 2017, STI was up 154.17 points or 4.79% higher over the previous month.
Winners: In pole position, Keppel Corp and City Development.
Losers: At the bottom, worst performers are Jardine Strategic and ComfortDelgro.
There was an interesting development by Keppel Corp explained in this DBS research note. Apparently Keppel is near completion to the world’s first Floating Liquefied Natural Gas FLNG vessel conversion which is one up over it’s peers.
Market breadth: 26 stocks advance, 3 decline and 1 unchanged.
Data source: Tradingview.com/ICE Data Services
September month-month and Q3 performance here.
Director, TerraSeeds Market Technician Pte Ltd. Trader, investor. @sohtionghum was picked ‘Top 70 Forex Twitter in 2015’. Operates multiple strategies.
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