Foreign funds are responding to investors' demand

Someone told me that the foreign funds are "not manipulating" the stockmarket. They are just responding to investors' demands to invest in Asian markets. Singapore is an attractive place for their investments.

This is correct.

However, the Singapore market is quite small. When the foreign funds flow into the market, they will push up the prices to a high level. When they have made enough profit, they will sell the shares and move to other Asian markets.

This has happened many times in the past. We must be prepared that it may happen again.