With oil elevated and yields climbing, volatility continues to shape market sentiment as market participants recalibrate risk exposure.
STI remains supported by resilient bank earnings and a defensive sector mix. If banks deliver MAS stays supportive and oil prices ease, the index could resume its uptrend after this consolidation.
Staying selective favoring fundamentally strong names, monitoring key support levels and maintaining some energy exposure while waiting for clearer signals from the next round of Big Tech earnings.
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