January 2023 started promising for equities in general. The Straits Times Index (STI) climbed 4.4% in January from start of 2023.
| Stock Indices | 30-Dec-22 | 27-Jan-23 | Change (%) |
| STI (Singapore) | 3,251.32 | 3,394.21 | 4.4% |
Then February came. It looked less attractive for stock investors. STI was up only 1.0% from beginning of the year.
| Stock Indices | 30-Dec-22 | 24-Feb-23 | Change (%) |
| STI (Singapore) | 3,251.32 | 3,282.30 | 1.0% |
Today, STI declined to touch 3,175.15 points. STI is now DOWN 2.3% from start of year.
| Stock Indices | 30-Dec-22 | 10-Mar-23 | Change (%) |
| STI (Singapore) | 3,251.32 | 3,175.15 | -2.3% |
My Singapore equity portfolio is back to -24.3% (loss in value). In January 2023, it was down 19.5%.
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