Market Updates

The STI regained the 3,900 level even as Trump’s tariff turmoil rocked Wall St

ST Engineering helped STI cross 3,900, up 19 points at 3,914.48 Wall St’s indices dropped 2.6-3.5% after Trump announced tariffs US stagflation talk is now making the rounds No US rate cut...

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Monthly Market Wrap: Father vs son drama at CDL, a crash in high-flying Yangzijiang and MAS committee recommendations were main features as STI hit all-time high

The STI closed at a new all-time high of 3,934.04 during Feb US stocks hit by Trump tariff fears Father-son boardroom tussle at CDL grabbed most headlines Analysts downgrade CDL Yangzijiang...

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Banks led by DBS propel STI to new all-time high

The STI rose 52 points or 1.3% to 3,929.94 for the week, led by DBS’s 4% jump The index closed at a new all-time high of 3,934.04 on Wed Gains came despite...

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DBS, SGX and Seatrium in play as STI touched new all-time high

STI hit intraday all-time high of 3,921.3 thanks to DBS Index finished week 16 points or 0.4% higher at 3,877.5 DBS reported record S$11.3b profit for 2024 Seatrium in play after MOU...

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Like a football match, it was a game of two halves

After dropping from Mon to Wed, the STI rebounded on Thurs and Fri The net rise was 6 points or 0.16% to 3,861.42 US stocks hit on Friday by weak consumer sentiment,...

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Monthly Market Wrap: The January effect – will it manifest again in 2025?

The Dow, S&P and Nasdaq all recorded gains in January Thanks to a final-day push, the STI rose 1.8% to 3,855.82 in Jan As expected, the US Federal Reserve kept rates steady ...

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Trump-threatened tariffs in focus as STI struggles with 3,800 mark

The STI fell 6 points or 0.15% to 3,804.26 in lowered volume Markets waiting to see what tariffs the US under Trump will impose US tech stocks enjoy boost from planned US$500b...

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Stocks moved in tandem with bond yields; STI up 0.2% for the week

The STI added 9 points at 3,810.78 as US bond yields pulled back Wall ST equity indices gained 2.4-3.7% over the week 2-year Treasury down from 4.4 to 4.23%; 10-year yield from...

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A flat week with large moves in between, driven mainly by the banks

The Straits Times Index managed to regain and hold on to the 3,800 level DBS closed at new high above S$45 on Wednesday Weakness on Friday because of plunge in Dow futures ...

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A quiet start but the STI did manage to regain the 3,800 level

The STI rose 30 points or 0.8% to 3,801.83 UOB led the trio of banks higher with a 1.4% Not practical to use sovereign funds to support stock market: Gan Kim Yong ...

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