Market Updates

Ahead of next week’s FOMC, the STI regained the 3,800 level thanks to banks and Singtel

The STI regained the 3,800 level, up 14 points to 3,810.35 Banks and Singtel were main drivers but average daily volume fell US inflation numbers were inconclusive, Dow down for 7 straight...

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The Straits Times Index shot past 3,800 – but then lost it on Friday

The STI gained 57 points or 1.5% for the week at 3,796.16 It has earlier closed above 3,800 at 3,822, not far to go to challenge 3,907 all-time high US November jobs...

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Monthly Market Wrap: Trump’s win and Wall St’s rallies help STI set fresh 17-year highs

The STI rallied 181 points or 5.1% in Nov to 3,739.29 It reached a closing 17-year high of 3,757.97 on 19 Nov Trump’s US presidential win provided support via Wall St’s rallies ...

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Holding steady above 3,700 as Wall St enjoyed support from Nvidia’s Q3 earnings

The Straits Times Index added 2 points at 3,746.02 Caution early in the week following Putin’s nuclear move US Treasuries enjoyed a flight to safety Nvidia’s strong Q3 earnings helped push Wall...

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Banks continued to power the STI; broad market lagged behind

Gains of 1.3-2.3% in the banks pushed the STI up 0.5% to 3,744.7 Broad market did not follow – more falls than rises every day US Fed announced it’s in no hurry...

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Bank earnings and Trump win send STI up 4.8% to 3,724.37

The STI jumped to a 17-year high, up 4.8% at 3,724.37 Gains here were not broad-based and came mainly from the banks UOB led the way with 11.1% jump, DBS rose 9.4%...

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Wall St fell ahead of US elections, STI also weaker, down 1.05%

The STI fell 1.05% to 3,555.43 as Wall St faltered Latest US economic data sent mixed signals, all 3 US indices lose ground Big week ahead – US presidential elections, FOMC meeting ...

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Monthly Market Wrap: Flirting with the 3,600 level

With no real direction from overseas, stocks traded sideways for Oct The STI was stuck in a narrow band 3,573-3,640 For the month, the index fell 0.8% to 3,558.88 Conflict in Middle...

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A spike up in US Treasury yields capped Wall St’s gains, STI lost the 3,600 mark

A sudden rise in US bond yields rocked Wall St The Dow Jones Industrial Average fell all five trading days The STI lost 47 points or 1.3% at 3,593.41 Futures market still...

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Banks and Singtel push STI above 3,600 after two mid-week attempts

Third time successful for STI as it rose 1.9% to 3,640.19 The gain was mainly thanks to the banks and Singtel On Wall St, tech stocks took a mid-week beating but Dow...

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