Market Updates

Rising bond yields and caution over banking outlook cause losses of 5-8.4% in bank stocks and cut 4.1% off the STI

The STI plummeted 233 points or 4.1% over the week to 5,401.89 Banks were the main focus following concerns over rising bond yields and sector outlook OCBC led the way after Citi...

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CDL’s strategic review was in focus as the STI fell 1.35%

The STI lost the 5,700 level when it dropped about 77 points or 1.35% to 5,634.82 Soft Sep US jobs report brought down odds of Oct rate hike to 22% CDL’s shares...

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Monthly Market Wrap: Banks kept the STI ticking as investors grappled with rates, oil and geopolitics

Banks drove the STI to a new all-time high above 5,800 during the month The STI recorded a loss of 1.4% at 5,675.88 over the month US Treasury yields spiked up on...

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Banks drove the STI up 1% to 5,711.12

Wall Street rose over the week despite higher bond yields Yangzijang, Keppel enjoyed net institutional inflows in 3Q, Thai Bevergage recorded net outflows: SGX Research Seatrium allocated S$200 million for new share...

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The STI dropped 0.7% following US rate hike, analysts expect banks to benefit

The Straits Times Index fell 39 points to 5,656.11 As expected, the US Federal Reserve raised rates by 25 basis points Fed also signalled at least one more rate hike this year ...

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Higher bond yields and oil prices cut 1.8% off STI, sending it below 5,700

The STI fell below 5,700, down 1.8% Oil prices rose above US$100 a barrel on renewed US-Iran fighting Latest US inflation data sparked rise in bond yields, 87% chance of rate hike...

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Driven by the banks, the STI closed at a new all-time high of 5,801.96

Gains of 3-3.9% by the banks pushed the STI up 1.8% Strong US Aug jobs report boosted case for rate hike; Trump calls for rate cut Keppel DC Reit to buy two...

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Monthly Market Wrap: A new all-time closing high for the STI, in a month in which it gained 2.3%

STI’s total return for Aug was 3.4%: SGX Research Yangzijiang Shipbuilding the way with 22.5% surge: SGX Research Bank profits remain robust, boosted by wealth management Singtel’s Q1 underlying net profit up...

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Muted activity ahead of Fed chief’s inflation comments, STI up modest 0.2%

The STI added 11 points or 0.2% at 5,699.93 in cautious trading A hawkish Warsh speech pointed to a US rate hike this year OUE unit proposes to privatise OUE Healthcare in...

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In line with Wall St, the market took a breather with STI down 0.1% below 5,700

The STI fell about 0.1% in uneven trading to 5,688.96 Rising US bond yields meant US indices also closed lower over the week All eyes on Fed chief Kevin Warsh and his...

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