Attention all bears: Based on today's chart pattern and weekly RSI, a technical rebound is imminent. I am still sticking to my original market estimate but will be taking my short position off tomorrow (Tuesday) in order to reenter at a better price perhaps 1-3 weeks later.
This is a price chart with a correction for dividends. The best days of SPH are over and the price is coming down rapidly. There are still a lot of poor souls thinking that SPH will make a comeback. Just look at the once mighty Noble Group. The straw that breaks the camel's back will come when SPH is taken off the STI. Good luck to those hapless shareholders when that happens.
Attention all bears: Based on today's chart pattern and weekly RSI, a technical rebound is imminent. I am still sticking to my original market estimate but will be taking my short position off tomorrow (Tuesday) in order to reenter at a better price perhaps 1-3 weeks later.
This is a price chart with a correction for dividends. The best days of SPH are over and the price is coming down rapidly. There are still a lot of poor souls thinking that SPH will make a comeback. Just look at the once mighty Noble Group. The straw that breaks the camel's back will come when SPH is taken off the STI. Good luck to those hapless shareholders when that happens.
Fund Name: SPDR Straits Times Index (STI)
SGX Ticker: ES3
Holdings: As of 18 Jul 2017
Weight% Name
13.69 DBS Group Holdings Ltd
12.72 Oversea-Chinese Banking Corporation Limited
10.66 United Overseas Bank Ltd. (Singapore)
10.19 Singapore Telecommunications Limited
06.20 Jardine Matheson Holdings Limited
04.24 Hongkong Land Holdings Limited
03.42 Global Logistic Properties Limited
03.24 Keppel Corporation Limited
03.22 CapitaLand Limited
03.15 Thai Beverage Public Co. Ltd.
02.26 Wilmar International Limited
02.22 Genting Singapore Plc
02.20 Ascendas Real Estate Investment Trust
02.17 Singapore Exchange Ltd.
01.99 Singapore Technologies Engineering Ltd
01.80 Singapore Airlines Ltd.
01.80 City Developments Limited
01.65 Singapore Press Holdings Limited - market cap: $4,796 million
01.63 Comfortdelgro Corporation Limited
01.61 CapitaLand Mall Trust
01.51 Jardine Cycle & Carriage Limited
01.28 UOL Group Limited
01.16 Hutchison Port Holdings Trust
01.15 CapitaLand Commercial Trust
01.12 SATS Ltd
01.01 Sembcorp Industries Ltd.
00.96 Yangzijiang Shipbuilding (Holdings) Ltd.
00.86 Golden Agri-Resources Ltd
00.56 StarHub Ltd
00.33 SIA Engineering Co. Ltd
STI Reserve List (next review: 31 Aug 2017)
1) Suntec REIT - market cap: SGD$5,081 million
2) Mapletree Commerical
3) Keppel REIT
4) Yanlord Land
5) Sembcorp Marine