It is a slow day so I thought I'd post this for any to comment.
I'm sure many of you have noticed this, but it is uncanny how SGX has been trading at 1/10 KXL for months... I mean exactly. Whenever they get slightly out of step they always realign again. Has anyone seen this in any other stocks? It can't be normal. It is like their share price is linked somehow.
Now, having said that SGX has been trading below 1/10 KXL this week. (albeit not by much). So... is this a buying opportunity for SGX??
m.z.