🎁STI Hits ATH! Check the TOP Winners & Share Your Winning Trades
@Tiger_Contra:
[Miser][Miser]Singapore's stock market, represented by the $STI.SI(STI.SI)$ , has indeed reached a 17-year high this week, powered by a rally in index heavyweight financials. As of November 19, the $STI.SI(STI.SI)$ rose 0.9%, hitting a new high not seen since November 2007.This year, the index has seen a 16% increase, outperforming most of its regional counterparts.The Monetary Authority of Singapore (MAS) has been proactive in its efforts to revive the stock market, forming a review group in August to recommend steps to strengthen the development of the equities market. This initiative, combined with a seemingly stronger political will and low market expectations, is expected to have a significantly