EWS dips with US market
EWS is drifting down in line with a broad sell-off in US benchmarks like the S&P 500, and the MAS equity-boost news reads as supportive but has yet to lift the tape.
Sources: https://www.straitstimes.com/business/companies-markets/mas-appoints-five-new-asset-managers-to-inject-1-45b-to-boost-singapore-equities?ref=top-stories, https://www.reuters.com/world/
Sources
Ezbrisk weighs each event against the market reaction and publishes a verdict with an overreaction reading. How the methodology works