The Motley Fool Singapore
Are Singapore Stocks Poised For A Decline?
Editor’s note: Earlier versions of this article were first published on 22 January 2018 in The Motley Fool Singapore’s premium stock recommendation newsletters, and in the 22 January 2018 edition of Take Stock Singapore. As of 15 January 2018, Singapore’s stock market benchmark, the Straits Times Index (SGX: ^STI), closed at 3,536 points. For those with a good memory, our market benchmark was also above 3,500 points back in April 2015. But, stocks fell sharply afterwards, with the index falling by 28% from a high of 3,540 points (reached on 15 April 2015) to a low of 2,533 points (reached on 21 January 2016). With this as a backdrop, what can investors expect next? I’d like to address this today. And I intend to discuss this not by talking about arbitrary price levels, but by lo