Market Updates

On-off US-China trade still the main feature

The Straits Times Index gained 1 point at 3,194.71 for the week; US-China trade was the main driving force – as usual; US President Trump’s threats first rattled markets but these were...

Read More

Monthly wrap for November 2019: US-China relations, Hong Kong unrest and US interest rates were main drivers

The STI fell 36 points or about 1.1% over the month to 3,193.92; Up-down US-China trade was one factor; Another was HK unrest; US passed laws supporting HK protestors; SGX proposed scrapping...

Read More

US-China trade, HK unrest were key factors

The STI dropped 13.21 points or 0.4% over the week to 3,225.65; Mixed signals from US-China trade talks was one factor; Rising unrest in HK was the other; Also contributing was US...

Read More

Trade doubts, HK tensions weigh on market

The Straits Times Index dropped 25.44 points or 0.7% to 3,238.86; A cloud descends on US-China talks after US denials; US Treasury yield curve isn’t inverted but yields slipped sharply; US Federal...

Read More

Trade relief ruled the day – but for how long?

The Straits Times Index rose 1.08% to 3,264.3 over the week; China’s announcement that a Phase One agreement is to be signed was main reason; US Treasury yield curve is no longer...

Read More

Monthly wrap for October 2019: A positive month as US rates were cut, positive rhetoric surrounded US-China trade and Temasek bid for control of Keppel

The Straits Times Index gained 110 points or 3.5% at 3,229.88 over Oct; Singapore’s market cap rose $25.5b to $885.5b; Concern over China’s economy was overshadowed by other factors; US interest rates...

Read More

Internal, rather than external forces dictate direction

The Straits Times Index gained 71.37 points or 2.3 % at 3,185.53 over the week; Temasek’s bid for control of Keppel was the main feature; Also playing a part was hopes of...

Read More

STI little changed as investors wait for better signals

The STI fell about one point over the week to 3,114.16; Nothing concrete was announced on US-China trade, but signs were not too encouraging; China figures confirm that its economy is slowing; ...

Read More

It’s back to US-China trade again

The STI rose 35 points or 1.2% to 3,113.97 on hopes of trade deal; A partial deal was announced on Friday so a Monday bounce can be expected; In local news, Motley...

Read More

It’s the economy, stupid!

The STI fell 47.27 points or 1.5% to 3,078.36 after Wall St was rattled by weak economic numbers; US manufacturing contracted for second consecutive month; US services grow at slower pace; US...

Read More