Market Updates

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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The STI gained 0.8% at a new all-time high of 5,743.59

Wall Street indices were mixed though S&P 500 hit a new high Analysts think DBS & OCBC could have more upside – but maybe not UOB Singtel Q1 gain drops 71% to...

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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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