STI moves in downward trend for the past month. Looking at longer time frame like 6 to 8 months, it has been actually moving within 3340 to 3627 for the year. This translates to STI ETF range from 3.35 to 3.66, with dividend yield ~ 2.7 to 3% as chart below. Mid to long term investors could actually accumulate on dip from the STI ETF, which provides an opportunity for passive income as well as short term capital gain from market spike.
Market Calendar on coming week:
(SG: Singapore; CH: China; US: USA).
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