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Sell in May and go away comes with caveats

BT analysis shows the stockmarket adage holding true in general but with a S'pore twist

On average, the STI slipped 1.1 per cent between April and May every year, compared with an average gain of 0.5 per cent for every other month - PHOTO: BLOOMBERG

Singapore "SELL in May and go away" may not be just an old saying. Followers of that adage would have come out on top for about two-thirds of the past 14 years, according to an analysis by The Business Times. But sellers beware: That finding comes with caveats galore. The sample size was too