Recent Highs and Lows of STI Stocks
Following suit on the Monday and Tuesday sessions the regional MSCI AC Asia Pacific Index declined 4.9% while the STI declined 3.5%. One third of the STI stocks traded at 3-month lows yesterday. The remaining 20 STI stocks are on average 7.0% off their 3-month highs, with a majority of those highs made in Jan 2018. The 20 stocks include SATS, Singapore Airlines and Thai Beverage which on average declined the least, at -1.1%, over the two sessions of 5 Feb to 6 Feb.