$Straits Times Index(STI.SI)$ has reached its highest point in many years, but the historical data shows the market still needs to rise for another 4 months?But according to the seasonal effect of the past 24 years, October, November, December and January are still rising.In October, November, December and January, the average increase was 0.42%, 0.84%, 1.46% and 0.52%.Source bloomberg, data as of 25 september 2024Tiger analyst @Tiger_James Ooi pointed out that although the STI market is approaching its historical high, many high-yield bank and SREITs stocks are still undervalued and may continue to rise in the future.See the following three pictures:Bankโs valuations are not demanding.
Which SG Company Would Benefit From China Surge?
Benefiting from the Chinese central bank's policy stimulus, Chinese stocks have risen for three consecutive days. Tigers have shared Singapore-listed companies that are benefiting from the recovery of the Chinese market. Do you see this as a good opportunity? Do you have any recommendations for high-dividend stocks?
+ Follow
+13