Global Stock Market Indices PE Ratio At a Glance – Jan 2012
January 4th, 2012 by Marubozu
Straits Time Index (STI) is the cheapest stock index base on PE ratio.
Archive for the 'Straits Time Index (STI)' Category
STI Week Ahead: Watch Out for Continous Sell Down!
November 18th, 2011 by Marubozu
STI has broken the 50D MA support today on the daily candle and also broke the 5W EMA support on weekly candle. The index is just sitting on top of 2,720 support. Breaking this support will send STI to 2,600 level. However, STI may start rebounding from this level depends on how US market close on the Friday. If Friday closes with bearish candle, next week will probably have more sell off.
Global Stock Market Indices PE Ratio At a Glance
October 2nd, 2011 by Marubozu
Quite surprise to see that Singapore Straits Times Index has the lowest PE in this comparison. Behind these numbers there are two important indications:
- Those blue chip companies listed in Singapore Stock Exchange still have very healthy earning. Note: Past EPS (Earning Per Share) is NOT the future EPS. It is important to see whether the future earning is sustainable for these companies.
- If the EPS is still sustainable, STI will probably rebound the fastest when the global economy and stock market recovers. This indicates the upside potential is huge compare to other stock market indices because STI is under value now.
Source: Bloomberg