Singapore Exchange SGX – Accumulate – Stock Price / Stock Investment – Singapore Stock Market



SGX has fallen significantly months back for as much 20%. There should be some near term reprieve when STO, MACD is upturning. PSAR is also breached. Next target should be $8.8 if the support at $8.2 holds well. Next quarter should bodes well for SGX as trading volumes should pick up when investors return after the holidays.

Long term wise, the stock should head for $10.50 if ASX deal falls through.


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