Buy @ $3.14. Buy more to average down. Seller CP '73' – Macquarie and '78' – ML. 😀
As expected, Egypt problem seems to have been resolved. US have too much to lose from a disorderly change in regime due to the Middel East peace plan with Israel and Oil, so an orderly change is always the logical outcome. Let's see if the people of Egypt is happy with another designated replacement in the coming days.
Although the STI is rebounding (now +30 @ 3108), foreign funds outflow from Singapore (to US and Europe) is likely to continue as US is showing signs of recovery. But, STI may be ok for a while as Budget Day is on 18-Feb and 'feel good' goodies are expected.