HelenJanet
2023-02-02

Showing off my best performing stock $STI ETF(ES3.SI)$ . Hopefully all my other stocks will slowly increase to the same PnL%.

The Strait Times Index (abbreviation: STI) is a capitalisation-weighted measurement stock market index that is regarded as the benchmark index for the stock market in Singapore. It tracks the performance of the top 30 companies that are listed on the Singapore Exchange (SGX).

As a long-term investment, it's a great investment because it's low risk and low cost. Therefore, it's a good place to start, especially if we want to safeguard our savings from the effects of inflation. STI ETFs are only ideal for individuals prepared to hold on to investments for more extended periods.

Taking the lion's share on the Straits Times Index, the price movement of the following 3 local banks based on 2 Feb 23 will have a proportionately high impact upon the STI:

1)DBS - 19.9%

2)OCBC - 11.9%

3)UOB - 10.8%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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