Market Updates

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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Monthly Market Wrap: Up 1.3% for the month, up 16.9% for the year

The STI’s rises in Dec were capped by negativity from Wall St but gain for the year was still an impressive 16.9% Banks provided the main push with gains between 28-31% The...

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A quiet week with little direction from Wall St

The STI rebounded 52 points or 1.4% to 3,771.63 Average daily volume in the holiday-shortened week was only S$509m Despite Friday’s selling, US indices all gained for the week SingPost sacked 3...

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Fed’s cautious rate outlook, Wall St’s mid-week dive meant STI lost the 3,800 mark

The STI fell 91 points or 2.4% at 3,719.93 Main drag came from Wall St, where the Dow fell ten straight days As expected, US Fed cut rates by 25 points but...

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