---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000929045.md"
description: "The good days of investing locally are over? I was pretty vocal and proud previously over the past 6 months that our local banks and STI have been outperforming the S&P, but the recent sell rating from Citi + reduced board lot shares means more people are inclined to take profits first and sell, forcing the bank shares to be down close to 10% in 2 days. IMO, this pullback was long overdue but I did not expect the drop to be this steep in such a short period of time."
datetime: "2026-10-08T05:19:00.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000929045.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000929045.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000929045.md)
author: "[NewUser_CkrdqW ](https://longbridge.com/en/profiles/16451694.md)"
generator: "portal-rs"
---

# The good days of investing locally are over? I was…


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**