Month-End/Quarter-End/Half-Year Window-Dressing - 30 June 2016

Today's month-end/quarter-end/half-year window-dressing saw very heavy volume traded which was not seen for many months. There were a total of 1,496,551,055 shares traded with a value of S$1,769,633,508.

If you have read my article last month on window dressing, I did mentioned that you can try selling your blue chip shares during marketing matching just before market opens and buy back later during the day.

This was very obvious today. From the stocks shown above, most shares opened the day's high and closed lower. This maybe the work of fund managers. 

You may want to see if this happens again on 29 July. I do not expect to see such heavy volume for the next window dressing.

Month-End Window-Dressing - 31 May 2016

Today's month-end window-dressing started strong but the STI Index ended losing 5.69 points.

http://www.businesstimes.com.sg/stocks/singapore-shares-close-weaker-as-early-window-dressing-momentum-fades

If you can see from the market depth for DBS Bank which I took a snap shot after the matching was done at 8:58 am before the market started at 9:00 am, there was lack of buyers and this shows that it was likely the fund managers matched DBS Bank at $15.80 during the open with a gap of $0.10 to the next bid price at $15.70.

So one strategy is to sell stocks like this at the open and buy them back later when the price is lower.