Market Updates

The STI fell 1% below 4,900 as Iran war drags on, oil back up over US$100

Oil and Wall St called the shots as the STI lost 1% at 4,898.18 On Wall St, the Dow has entered correction territory, other indices not far behind; Treasury yields surged to...

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Despite oil crossing US$110 a barrel, the STI managed to rebound 2.2%

The STI regained the 5,000 mark during the week Late selling emerged once oil crossed US$110 a barrel but STI still recorded 2.2% rise US Fed held rates steady, cited uncertainty due...

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STI fell 0.1% to 4,842.27 as oil hit US$100 a barrel

Oil price surged to US$100 a barrel, STI underwent volatile week US stocks closed weaker again In the US, stagflation talk is starting to make its rounds This week’s FOMC meeting: no...

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Middle East conflict, surging oil prices sent STI down 2.9% to 4,848.25, led by banks

Banks led the index lower amidst worries over Middle East conflict Surging oil prices, weak jobs report pressurize US stocks, weaken case for rate cuts Rising inflation worries pressurize US Treasuries, yields...

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Monthly Market Wrap: A 1.8% gain for the month as the STI crossed 5,000 for the first time but strike on Iran raises risks

The STI rose 1.8% to 4,995.07 in February after closing at a new high of 5,041.33 last Monday Did month-end “window dressing’’ help the STI rise sharply on Friday? Yangzijiang Shipbuilding was...

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New all-time high for the STI at 5,017.60

Singtel, OCBC & DBS lead STI to new all-time closing high Over in the US, Fed officials worried about inflation Probability that Fed will keep rates steady in March is 96% ...

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Wall St’s AI concerns drag STI below 5,000

The STI crossed 5,000 but Wall St AI concerns meant it closed at 4,937.78 Wall St pressured by AI “disruption hysteria’’, all indices closed lower DBS reported Q4 profit fall, shares came...

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Closing in on the 5,000 mark

The STI set three consecutive all-time highs on Tues-Thursday Wall St’s Thursday plunge capped the STI’s weekly gain to 0.5% at 4,934.41 after Thursday’s record high of 4,975.87 AI concerns were behind...

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Monthly Market Wrap: Benefiting from a flight to safety – banks push STI to new highs above 4,900

Amidst rising geopolitical risk, the STI jumped 5.6% to 4,905.13 Greenland and Iran were main external worries that led to a flight to safety The three banks gained 5-9.2% over the course...

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Trump’s Greenland threats had only temporary effect, banks drove STI to new high

UOB and OCBC at new record highs, STI also at new record Focus on Greenland On Wall Street, small caps are leading the way Yangzijiang Maritime to start share buybacks Raffles...

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