[We called it!] Singtel led the STI stocks with an 11% gain in June
If you had subscribed to the SGX My Gateway Newsletters, you might have read an article by my good friend and SGX market strategist Geoff Howie, who highlighted that Singtel led the STI stocks with an 11% gain in June, and booked the highest net institutional inflow for the month.
For the benefit of those who have yet to see the article, here’s a snapshot:
![[We called it!] Singtel led the STI stocks with an 11% gain in June](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240711/1720695179198-c9527f520d.png/big?area=101&is_public=true)
Source: SGX My Gateway
If you are a regular reader of this account (and I’m sure you are), you would have been aware of my bullish call for Singtel back on 24 June. This was highlighted as one of the stocks that our in-app community users could have considered buying into, given the confirmed bullish breakout of long-term triangle consolidation that Singtel was in.
![[We called it!] Singtel led the STI stocks with an 11% gain in June](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240711/1720695179552-654115daf6.png/big?area=101&is_public=true)
![[We called it!] Singtel led the STI stocks with an 11% gain in June](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240711/1720695179194-0c46230809.png/big?area=101&is_public=true)
At that point, Singtel’s share price was already up 8.47% for MTD. My bullish call was proven correct with the stock notching another gain of 5.95% from the point of my call to end-June.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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