Latest update on the number of STI index stocks with 50d EMA cut up 200d EMA golden cross. As of closing on 16th March 2012, SGX was the 21st to do so. The next 2 coming close are SIA Engg and NOL. Something surprising is NOL, last year was poorly performed and company recorded FY loss in its latest FY earning. The going to form golden cross is signaling investors, short-term investors are buying up the stock pushing the price up to the level whereby long-term investors (200d EMA) were vested in. Should stock market is a forward indicator of the economy, this must be something to be closely monitored.
| STI Index Component | Golden Cross |
|---|
| Capitaland | Yes |
| CapitaMall Trust | No |
| CapMallsAsia | Yes |
| CityDev | Yes |
| CommfortDelGro | Yes |
| DBS | Yes |
| F&N | Yes |
| Genting SP | No |
| GLP | Yes |
| GoldenAgr | Yes |
| HKLand US$ | No |
| Jardine C&C | Yes |
| JMH 400US$ | Yes |
| JSH 500US$ | Yes |
| KepCorp | Yes |
| NobleGrp | No |
| NOL | No |
| OCBC | Yes |
| Olam | No |
| SembCorp | Yes |
| SembMar | Yes |
| SGX | Yes |
| SIA | No |
| SIA Engg | No |
| SingTel | Yes |
| SPH | Yes |
| StarHub | Yes |
| ST Engg | Yes |
| UOB | Yes |
| Wilmar | No |
