Singapore Exchange Limited, an investment holding, engages in the operation of integrated securities and derivatives exchange, related clearing houses, and an e...
when the lot gets smaller, it drives the price down too. leaving all the smaller investors on high now losing money.
On Monday SGX cut the board lot on DBS, OCBC and UOB to 10 shares — one lot of DBS fell from S$7,721 to S$772. By Thursday the same three banks were more than 60% of all short selling on the market, and members had taken both halves apart.
@TheInvestingIguana I’ve gained valuable insights from your articles - Thank you for sharing. I’ll vote: Honestly? I’d talk myself into it because it’s so easy to let emotions override logic. What is your exact mental checklist or cooling-off process when the market hype is loud & you feel a strong urge to break one of your non-negotiable rules?
A delisted stock once mailed him a share certificate worth precisely nothing. Since then, every REIT he buys has to clear three numbers he refuses to argue with.
The SG Banks sell off (5% approx) l believe is BB institutional investors taking profit and fund rotation after the Citibank call to Sell. The local Banks price to book is already expensive, and risk reward ratio is not attractive. Seems like a coordinated movement with the smaller lots announcement few days later to allow retailer investors to buy in with smaller capital. The small lots seems like a good policy, but not sure, will wait & watch for now for the boat to stabilize.
On Monday SGX cut the board lot on DBS, OCBC and UOB to 10 shares — one lot of DBS fell from S$7,721 to S$772. By Thursday the same three banks were more than 60% of all short selling on the market, and members had taken both halves apart.
