STI completed FY2017 with outstanding gain of 17%. However, trend looks stagnant from mid Oct till now. It has been range bouncing between 3341 to 3468. 10 years peak 3550 could be visible target in FY2018. Investors shall take opportunity to reshuffle its portfolio. Debt affordability might be issue to company while we are entering high interest rate (tightening monetary policy) cycle.
Market Calendar on coming week:
(SG: Singapore; CH: China; US: USA).
No comments:
Post a Comment