In Singapore, dips aren’t plunges – they’re opportunities
Now, small and mid-cap stocks and ETFs are generating new momentum
ALL traders know that headlines can trigger huge market reactions. Take the recent Greenland episode: US President Donald Trump’s threat of tariffs on European nations sent the S&P 500 down 1 to 1.5 per cent overnight, pulling most Asian markets lower.
Many expected Singapore’s Straits Times Index (STI) to follow suit with a 3 to 5 per cent drop, presenting a prime buying opportunity. Instead, from Jan 12 to 20, the STI rose 2.2 per cent.
This reflects what I’ve long believed: Singapore’s market behaves differently from others. Known for steady dividends and strong fundamentals, it remains shock-proof even at multi-year highs.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Rare brutalist Singapore house opens to the public before changing hands