During Asian Financial Crisis, STI fell from high of 2,504 to low of 800, down -68.0% in 941 days and recovered from the low to the high of 2,583, up 222.8% in 486 days.
This Sub Prime Crisis, STI fell from high of 3,876 to low of 1,457, down -62.4% in 515 days and as on Friday has recovered from the low to 2,659, up 82.5% in 144 days.
This time STI has crashed down at a greater velocity in a shorter time compared to the last Great STI Bear, and will it also recover at a greater speed in a shorter time?
From Tokyo To New York, Stock Markets Are Hitting Unprecedented Highs:
Report – Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG), Meta Platforms
(NASDAQ:META), NVIDIA (NASDAQ:NVDA)
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Loading...Stock markets worldwide are reaching record-breaking highs. This
unprecedented rally, spanning from Tokyo to New York, has seen 14 of the
world's...
1 hour ago