$SHENG SIONG GROUP LTD(OV8.SI)$ is relatively unaffected despite a huge fall in the local market. Last Friday most US stocks fell due to report on CPI of 8.6 %. Singapore market took the cue and was in a sea of red today.

High inflation usually benefits supermarket stocks that sell consumer goods since they can pass on part of the costs to end users. More people may buy more food items and basic necessities to cook at home as eating out becomes more expensive. This indirectly contribute to Sheng Siong revenues through higher sales. Its e-commerce capabilities also helped to enhance sales. 

So if you have any interest or intention to look for a good stock that offers reasonable dividends and yet remain strong when market is a sea of red, you may wish to monitor and consider investing some spare funds. 

This is how I feel. Just a personal views. Please consider your personal liking and investment objective. 

Best wishes. 

Sheng Siong share price remain steady at $1.53 and trading range bound.