Market Updates

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...

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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...

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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...

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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...

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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...

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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...

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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...

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The STI fell 1% below 4,900 as Iran war drags on, oil back up over US$100

Oil and Wall St called the shots as the STI lost 1% at 4,898.18 On Wall St, the Dow has entered correction territory, other indices not far behind; Treasury yields surged to...

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Despite oil crossing US$110 a barrel, the STI managed to rebound 2.2%

The STI regained the 5,000 mark during the week Late selling emerged once oil crossed US$110 a barrel but STI still recorded 2.2% rise US Fed held rates steady, cited uncertainty due...

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STI fell 0.1% to 4,842.27 as oil hit US$100 a barrel

Oil price surged to US$100 a barrel, STI underwent volatile week US stocks closed weaker again In the US, stagflation talk is starting to make its rounds This week’s FOMC meeting: no...

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