|Day's range||2,478.39 - 2,523.78|
|52-week range||2,208.42 - 3,285.72|
STI ETF a popular recommendation for Singaporeans as their first investment. Here's how you can get started.The post Complete Guide To Investing In The Straits Times Index (STI) ETFs appeared first on DollarsAndSense.sg.
SINGAPORE (Jan 3): On Jan 2, the Straits Times Index (STI) broke out of a narrow sideways range it had been entrenched within since early November. The breakout was accompanied by a slight expansion in volume and firming quarterly momentum.
SINGAPORE (Dec 6): The Straits Times Index has found support at the 3,177. This level is a little below the confluence of the 50- and 100-day moving averages at 3,180 to 3,187. Quarterly momentum is approaching support that coincides with its equilibrium line.
Support is near current levels, at the 3,177 to 3,195 range, at the confluence of the 100- and 200-day moving averages. Long-term moving averages, in particular the 200-day moving average, represent support and resistance levels. In a trending market the Straits Times Index usually finds the 50-day moving average a good support and resistance line.
(Nov 22): The Straits Times Index fell to a lot of 3,192 on Nov 21, below the 100- and 200- day moving averages at 3,203 and 3,228 but above the 50-day moving average which is rising and currently at 3,172.
SINGAPORE (Oct 21): Although the Straits Times Index rose just one point in the Oct 14-18 trading sessions, the index tested the 50-day moving average and attempted to move above it.
Ask an investor what were the stocks that have risen over the past few years, the answer would probably yield a four-letter word: REIT! In a note released by the Singapore Exchange (SGX) on 23 September, the Straits Times Index (STI) generated a 6.6% total return, in-line with the preceding 9.2% average annualised total returns […]
From the high of 3407.02 on 29 April to 3,126.09 on 15 August, the STI lost 8.3 percent on rekindled fears of a global slowdown stemming from the US-China trade war.
As the US and China returned to trade barbs over bilateral trade, global markets enter a new phase of correction. Not being spared, the local Straits Times Index (STI) also reversed quickly from above 3,350 by end-July to 3,170 level in a matter of one week.