SELL in May and go away?
- The Straits Times Index (STI) closed lower for the past 10 trading days consecutively.
- The index has retreated 8% since the recent peak of 2960.78 hit 10 trading days ago (21-Apr-2016) and closed at 2730.80 yesterday (06-May-2016).
- Among the STI component stocks,
- OVERSEA-CHINESE BANKING CORP (O39.SI) & UNITED OVERSEAS BANK LTD (U11.SI) closed lower for all the 10 days, while
- SINGAPORE EXCHANGE LIMITED (S68.SI), CITY DEVELOPMENTS LIMITED (C09.SI) & JARDINE CYCLE & CARRIAGE LTD (C07.SI) closed lower in 9 out of the 10 days.
- Share price of JARDINE CYCLE & CARRIAGE LTD (C07.SI) tumbled more than 20%.
Performance of STI Component Stocks (From 21-Apr-2016 To 06-May-2016)
THAI BEVERAGE PUBLIC CO LTD (Y92.SI)
+3.5%
0.740
SATS LTD (S58.SI)
+1.7%
4.200
SIA ENGINEERING CO LTD (S59.SI)
1.1%
3.800
STARHUB LTD (CC3.SI)
0.0%
3.320
WILMAR INTERNATIONAL LIMITED (F34.SI)
-2.2%
3.480
CAPITALAND MALL TRUST (C38U.SI)
-3.3%
2.050
SINGAPORE AIRLINES LTD (C6L.SI)
-3.9%
11.150
CAPITALAND COMMERCIAL TRUST (C61U.SI)
-4.1%
1.405
ASCENDAS REAL ESTATE INV TRUST (A17U.SI)
-4.4%
2.410
SINGTEL (Z74.SI)
-5.3%
3.760
SINGAPORE EXCHANGE LIMITED (S68.SI)
-5.8%
7.350
COMFORTDELGRO CORPORATION LTD (C52.SI)
-6.1%
2.770
DBS GROUP HOLDINGS LTD (D05.SI)
-6.3%
14.870
SINGAPORE PRESS HLDGS LTD (T39.SI)
-6.8%
3.860
HONGKONG LAND HOLDINGS LIMITED (H78.SI)
-6.8%
6.040
CAPITALAND LIMITED (C31.SI)
-7.2%
2.980
GLOBAL LOGISTIC PROP LIMITED (MC0.SI)
-8.1%
1.810
UOL GROUP LIMITED (U14.SI)
-8.5%
5.730
HUTCHISON PORT HOLDINGS TRUST (NS8U.SI)
-8.6%
0.425
SINGAPORE TECH ENGINEERING LTD (S63.SI)
-9.2%
3.140
UNITED OVERSEAS BANK LTD (U11.SI)
-10.1%
17.790
YANGZIJIANG SHIPBLDG HLDGS LTD (BS6.SI)
-11.3%
0.905
SEMBCORP INDUSTRIES LTD (U96.SI)
-11.7%
2.720
CITY DEVELOPMENTS LIMITED (C09.SI)
-11.7%
8.000
OVERSEA-CHINESE BANKING CORP (O39.SI)
-11.9%
8.330
KEPPEL CORPORATION LIMITED (BN4.SI)
-13.3%
5.200
GOLDEN AGRI-RESOURCES LTD (E5H.SI)
-14.0%
0.370
GENTING SINGAPORE PLC (G13.SI)
-15.2%
0.755
SEMBCORP MARINE LTD (S51.SI)
-16.0%
1.570
JARDINE CYCLE & CARRIAGE LTD (C07.SI)
-20.3%
35.060
