SI Research: 3 Mid-Caps That Rebounded Strongly

Ahead of the Trump-Xi meeting during the G20 summit this month which promises potential of easing trade frictions between the two largest economies, sentiments in the markets had clearly turned for the better. Along with the recovery of regional equities, the Straits Times Index has also gained 5.1 percent to reach a high of 3,116.39 two weeks ago, standing firm above the 3,000 psychological support level. Some people believe counters that rebounded strongly at the onset of a recovery tended to be the outperformers when the markets continued surging. Hence, we have identified three mid-cap stocks that had jumped more than 10 percent, digging deeper to see if there are further upsides.