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?
Posts
Is the 1-year T-bill better than the 6-month T-bill and fixed deposits?
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What happened? The yield on the 6-month T-bill has fallen over the past few
months. The cut-off yield on the most recent 6-month T-bill (BS25107W)
decli...
4 hours ago
