6 Quotes by Najeeb Jarhom
- Author Najeeb Jarhom
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Singapore's property market hasn't recovered compared to other cities in this region. We are way behind in the recovery cycle for property.
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If this region is not safe, funds will flee these markets and go to Singapore, which is seen as a safe haven.
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The bank shares have gone up ahead of their earnings results, and the government-linked stocks are higher ahead of the budget.
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The index had crossed its 2,500 resistance quite easily (recently) and is bound to retrace as easily.
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The index can't seem to break the 2,450-point level. Gains are getting smaller and people take profits when they can, without holding their positions for too long.
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Ahead of the elections we should touch 2,500 (on the index).
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