Asia’s worst stock market last year is now one of the region’s top performers
https://www.cnbc.com/2021/03/31/investing-singapores-stock-market-is-one-of-asias-top-performer.html
Asia’s worst stock market last year is now one of the region’s top performers
https://www.cnbc.com/2021/03/31/investing-singapores-stock-market-is-one-of-asias-top-performer.html
The article confuses me a little. Trying to read between the lines here, and to also check Taiex's performance that was mentioned. Following are the key ideas:
The benchmark Straits Times Index ended 2020 as the worst performer in Asia, losing 11.8% through the year. But the STI climbed around 12.2% so far this year, and has become one of the region’s top performers.
Taiwan was Asia’s best-performing stock market as of Tuesday. The benchmark Taiwan Stock Exchange Capitalization Weighted Stock Index, or Taiex, slightly edged out the Singapore index with a 12.4% gain this year.
Markets or stocks that are “cyclical” rise and fall in conjunction with fluctuations of the economy. The STI is made up of a high proportion of financial and industrial stocks typically considered as cyclical.
Unlike Singapore, Taiwan’s stock market has a “high proportion of growth stocks,” French investment bank Natixis said in a report earlier this month.
moral of the story, worst or best is meaningless.
wind water rotates
I'll sell my individual SGX counters gradually when STI hits above 3300 so I'll just be left with ETFs. Maybe I'll rebalance ES3 into MBH when it hits 3500.Time to sell 3500 ?
Breached 3200
Up 30 po
My covid purchases of es3 yield 23% excluding the 2 dividends which if included should be around 27%. Not spectacular but good enough for me with the quantum I threw inBoat gone liao
Mine is only around 13% - Well DoneMy covid purchases of es3 yield 23% excluding the 2 dividends which if included should be around 27%. Not spectacular but good enough for me with the quantum I threw in
A profit is a profit. Gxgx to you tooMine is only around 13% - Well Done
Mine is only around 13% - Well Done