Market Updates

Monthly Market Wrap: A new all-time high for the STI, driven by the banks and Wall Street’s resilience

The STI reached a closing high of 5.072.34 in May The net gain for the month was 2.5% at 5,037.86 Friday’s window-dressing push wasn’t enough to prevent a loss of 0.6% for...

Read More

Banks, Singtel drive STI all-time of 5,072.34 on Tuesday

The STI gained 79 points or 1.6% at 5,068.15 driven by all-time highs for DBS and OCBC On Tuesday, the index hit a new all-time closing high of 5,072.34 Wall St rose...

Read More

Banks push STI up 1.4% to 4989.08, second line continued to see hectic activity

DBS’s surge to a new high above S$60 helped add 1.4% to STI Second line activity continued with Green Build, Concord NE, Top Glove, JEP and Creative among those that sprang into...

Read More

Bank earnings in focus amidst heavy rotational playing of second liners

The STI added 0.2% at 4,921.90 with bank earnings in focus Latest US jobs report points to no rate cut in June OCBC’s wealth business drove Q1 profit up 5% to better-than-expected...

Read More

Monthly Market Wrap: Sell in May and Go Away? A Reality Check as the STI struggled to recapture the 5,000 level

Despite crossing 5,000 twice in April the STI finished at 4,912.69 The gain for the month was 0.6%; for the week ended 30 April it was a loss of 0.2% Geopolitical tensions...

Read More

The STI fell 1.5%, dragged lower by OCBC, UOB & Singtel but plenty of action in second line

Oil rose but the S&P 500 and Nasdaq Composite jumped to new highs Dragged down by OCBC, UOB & Singtel, the STI fell 1.5% US Fed expected to keep interest rates unchanged...

Read More

The STI rose to a new all-time closing high on hopes of Middle East peace

Reopening of Straits of Hormuz pushed the STI up to a new high of 5,021.2 on Wed For the week, the STI posted a 0.16% rise at 4,997.93 Oil prices fell below...

Read More

Middle East ceasefire helped bring some calm to markets

The STI regained the 5,000 level in Wed intraday trading after news of US-Iran ceasefire Uncertainty continued to reign as Hormuz remained closed Nasdaq exited correction territory, Wall St had best week...

Read More

The STI regained the 4,900 level on hopes that Iran war might end soon

Hopes Iran war might end soon lifted Wall St on Wed, STI rebounded 90 points Trump’s Wed speech failed to provide clarity on war, stocks fell Oil prices rebounded above US$100 a...

Read More

Monthly Market Wrap: Middle East conflict, rising oil capped stock market gains – STI fell 2.2% in March, up 5.1% in 1Q

The STI fell 2.2% in March but still managed a 5.1% rise for 1Q Middle East war, rising oil led to heightened volatility – STI underwent 100-points moves per day four times...

Read More