SG banks looked to consolidate now after the huge short selling last week upon the commencement of smaller board lot size trading and the downgrade of OCBC by Citi analyst, which triggered a domino effect. A healthy correction, in my opinion, which also gives investors opportunities to accumulate more for the long run.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.