Singapore Exchange Ltd *Official* (SGX:S68)

raintr33

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Surprisingly SGX is quite resilient in this crisis compared to the banks. I guess it's not affected by the interest rate cuts nor exposure to the oil industry. Furthermore it's derivatives business is at its peak due to the volatility. Seems to be a good place to put some money in, even though it may slide a bit. At least they have a strong balance sheet to sail through this storm.


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Steyr69

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There seemed to be strong support at $8. Hope it doesn't break.

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raintr33

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SGX also chiong. But different from other blue chips going for year high.

Go go go SGX!!!

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dnsfpl

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poor recovery lei, most chiong >6%
sgx 4% only, but didnt drop as much as compared to others lar

still monitoring CityDev, today chiong almost 12% :eek:
 

dnsfpl

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I was thinking the same thing too, sell above $9 and get other blue chip counters.

Can share what counters you eyeing on? Other than banks I don't know of any others that I can buy with confidence...

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your chance has come
 

raintr33

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Shoot past 9 liao, now hovering about 9.16. Seems to be some big boys buying up. The volume shoot up to 8.5M yesterday.
 

dnsfpl

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i want to know too lol

planning to sell and buy sti etf
 

dnsfpl

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ya cos if technically if sgx go up, sti will go up also
and upside for sti seems higher than sgx

for now i stay put
for ref: sgx 9.3, sti 2.463
lets see if i made the right decision
 

dnsfpl

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aussie again?

come to think of it, reits & sia might drag sti down
 

Steyr69

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Very high at 9.6! Amazing

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