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.
Straits Times Constituents end of October 2017 month on month performance
Data source: Tradingview.com/ICE Data Services
September month-month and Q3 performance here.
The following two tabs change content below.
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
"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."