Category: Singapore Stocks Investing

PHILLIP SING INCOME ETF: TO BUY OR SELL NOW?

PHILLIP SING INCOME ETF

Dear readers, on 29 Oct 2018, Phillip Sing Income ETF debuted on the Singapore Stocks Exchange with an intra-day high of $1.005 before closing the trading day unchanged from the $1 per share issuance price.

It is noteworthy that Phillip Sing Income ETF was listed at the time of a stocks markets corrections for not only Singapore bourse but also the overseas bourse.
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TOM K: STOCKS ARE CORRECTING! A VERY IMPORTANT NOTE TO ALL READERS

SINGAPORE STOCKS

Like what i always mention in my blog, Sg stocks markets though correcting is still considered high as of NOW. This is because the so-called corrections which we are seeing now is based on a high base set from 2017 till the 3,600 intra-year peak of the STI in 2018. I would think the near-time STI would settle at 2,800 thereafter corrections will push STI to 2,500 and further down. Read more »