STI Singapore Straits Times Daily Chart Enters Bear Market

Singapore is singin' the blues as it enters a bear market Friday and today. The chart is not yet updated but the current print for today is 2792 after a -1.4% loss to begin the week. Global traders are becoming very concerned over emerging market weakness. The Straits Times peaked at 3550 in April. The -10% correction territory occurs at 3195 and now bear market territory down -20% under the 2840 level. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.