Sell in May, run away. Will it be the same this year ?
Most companies released their 1Q result and their dividend book close in April. No further good news to push Singapore stock market.
I guess market will correct in May as last 3 years.
But bear in mind world economic are slowly recovering.Unless WAR or SARS like disease outbreak. This year's correction would be mild.
Investors are taking precaution. OLAM bond R9JZ go up from S$0.95 to S$0.99. Genting Bond P9GZ go up to S$1.05. They are switching from stock into bond to lock their profit.
My focus is bond / REIT ... old man stock .. Ha Ha
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