Market Updates

DBS and OCBC power the STI to a 1.2% gain just below 5,700

The STI surged 1.2% to 5,698.43, driven by record highs for DBS and OCBC US indices rise to all-time highs DBS 2Q net profit up 9% to S$3.08b; S$0.81 dividend declared UOB’s...

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Monthly Market Wrap: Banks Led STI to Unprecedented Highs above 5,700

The STI gained almost 9% over the month, closing at a new high of 5,713.19 on 29 July thanks mainly to the banks For the week, the index’s gain was 0.7% at...

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Banks continued to power the STI to new highs; Wall St becoming more concerned with AI spending

The Straits Times Index reached a new all-time closing high of 5,595.42 on Wed The net gain for the week was about 79 points or 1.43% at 5,588.34 Wall St investors becoming...

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All-time highs for the banks meant all-time high for the STI at 5,469.22

Gains of 5.5-10.3% for the banks drove STI 4.3% to 5,469.22 Wall St was mainly firm despite rising bond yields from renewed US-Iran fighting Analysts still positive on local banks Foundation Healthcare...

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Record highs for the banks meant a new all-time high for the STI

The Straits Times Index rose 1% to a new all-time high 5,244.29 All three banks closed at new highs, up 1.1-2% Average daily volume down to S$1.65b versus S$1.94b in previous week ...

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Monthly Market Wrap: Driven by the banks, the STI set five all-time highs in June despite on-off global uncertainty and tech selloff

The STI gained 2.6% for the month at 5,170.65 On the 25th, the index closed at a new all-time high of 5,218.96 US stocks enjoyed strong first half Banks led the way...

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The STI ended flat for the week after earlier rising to new highs, tech stocks under pressure

Driven by the banks, the STI closed at a new high of 5,218.96 on Thursday The index finished flat for the week at 5,191.73, banks ended mixed Renewed hostilities at Strait of...

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A new all-time high above 5,200 after US-Iran peace deal

The STI closed at a new high of 5,212.84 on Thursday The gain for the week was 3.3% after news of US-Iran truce Oil prices fell but will face renewed pressure after...

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A volatile week driven by on-off US-Iran conflict and AI selling/rebound

The STI fell below 5,000 before closing at 5,025.8, a loss of 0.5% US-Iran conflict, AI selling were the main factors Space X’s debut on Friday provided main focus for Wall St ...

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Banks continued to power the STI to new high, but gains not broad-based

Gains of 1.5-2.3% by the banks pushed the STI up 0.2% for the week On Wed, the STI closed at a new high of 5,138.24 Gains were not broad-based – losers outnumbered...

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