Mirror mirror on the wall, who is the strongest of them all??

Of all the FTSE Index, only 3 are performing stronger compared to STI Index. They are (in descending order)

1. FST Telecom
2. FST Healthcare
3. FST Real Estate Investment Trust

If you looks at the nature of these sectors, they belongs to the defensive categories. That means money will park in these area in times of uncertainty. It tells us a bit about our current economic situation!

Zooming into Telecom Sector, we have the following counters:

1. KepT&T
2. Singtel
3. M1
4. Starhub
5. Pac Cent

Counter (1) and (5) have terrible price patterns. That leaves us with only the 3 big local telecom. Singtel has been in a rectangular range formation. Only M1 and Starhub shows a clear upwards price trend. While M1 has broken down from the trendline, Starhub has a violent rebounce last week. So the winner is:

Happy profiting!!!