As we move for a year from 3549 to 2845 in the STI Index, for a 19.8% fall, one friend provide me with this interesting tidbit:
In the last 27 years, the STI has been negative for the year only 9 times.
Sharpest decline was 2008 at -49.4%, next sharpest was 1997 at -31%.
Altogether just 4 years with declines greater than -20%. If this year is included, would make it 10 out of 28 years – around 36%
I will be interested to know how those other 9 draw down looks like! Wonder how do we get the data for this?
- More Seeds of Higher Inflation Planted – Data Saturday - May 8, 2021
- Singapore Savings Bonds SSB June 2021 – Short Term Yield Languishing - May 5, 2021
- Sign Up with New Singapore Broker Futu SG and Get 1 FREE Apple Share and 180 Days Commission-free Trading. My Review of moomoo. (May 2021 Update) - May 4, 2021