Banks have been doing extremely well. They have indeed helped the bank-heavy Straits Times Index (STI) to climb about 22.6% since start of Covid-19 pandemic measured from from beginning March till December 2020. Today it stands at 3200.26. Other than the trio, which have been on the news following theirContinue Reading

Since the last post, the STI did indeed fell further forming a trough by early June. By this week, the STI regained some of its lost territory, landing at 3214.85. Banks are still lagging as the fall out of the US-China trade war began to infiltrate into smaller economies. ItContinue Reading