$Keppel(BN4.SG)

Context: Keppel fell 2.8% today to S$11.47. The pullback looks somewhat overdone to me, especially without a specific price catalyst behind the move. Broader markets have also been cautious amid higher oil prices and yields.

My trade: Still holding my position. If Keppel falls further, I’ll start thinking about adding to my position given my longer-term bullish view on the stock.

Takeaway: I see this as more of a pullback than a change in the underlying story. If weakness continues, I’d be looking to use it as an opportunity to add.