That Sinking Feeling Again – STI

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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