Saturday, August 5, 2017

STI STOCKS UPDATE

Dear readers, let us get the update of the STI constituent stocks for the week. In particular, the focus will be on STI stocks which are oversold or overbought for the week.

Overbought stocks:

1) Capitaland

2) City Development

3) Genting Singapore

4) SIA



Oversold stocks:

1) Jardine C&C

2) SIA Engineering

As a caveat, a stock being oversold does not mean these stocks will be poised for a rebound next. In a parallel vein, stock being overbought does not mean these stocks will be poised to correct in prices next. The above discussion is just to share my finding on the STI stocks updates. Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.
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