Market Updates

Monthly wrap for March 2022: Climbing a wall of worry

The STI climbed a wall of worry to rise 166 points or 5.1% to 3,408.52 over the month The STI’s first quarter gain was 9.1% The rise came despite was in Ukraine...

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The market rose after easing of Covid-19 measures

The STI gained 2.5% last week at 3,413.69 Wall St also rose despite negative signals from the Fed and bond market US Treasury yields now at pandemic-era high The war in Ukraine is...

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A drop in oil, a rebound on Wall St and hopes of a Russia-Ukraine settlement pushed the STI up 2.5%

The STI rebounded 81 points or 2.6% at 3,330.63 The S&P gained 6.2%, the Dow 5.5% and Nasdaq 8.2% Driving the rebound was hope of fresh Russia-Ukraine talks Oil prices fell but remain...

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STI managed 0.7% gain despite ongoing war in Ukraine

The Straits Times Index added 23 points or 0.7% at 3,249.66 Russian invasion of Ukraine was still the main factor Oil and commodity price volatility spilled over to stocks Prices gyrated in...

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War in Ukraine, sanctions on Russia, surging oil prices were the main concerns

The Straits Times Index lost 68 points or 2% at 3,226.78 Russia’s attack on Ukraine, the West’s sanctions on Russia and surging oil prices were the main worries US Federal Reserve chief Jerome...

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Monthly wrap for February 2022: Upward momentum stalled because of Russia’s attack on Ukraine

The STI first shot up 6% in Feb but closed with net 0.2% loss Main reason was Russia’s attack on Ukraine Commodity, oil prices surged; investors moved money to safe havens Will the...

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Russia’s invasion of Ukraine sparked major selloff

The Straits Times Index lost 134 points or 3.9% at 3,294.47 Russia’s invasion of Ukraine brought the sellers out in force Concerns surround the impact on commodity prices, inflation and growth DBS, UOB...

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STI flat for the week, resilient in the face of rising Ukraine worries, Wall St selloff

The Straits Times Index was flat over the five days at 3,428.90 Support was mainly for banks after DBS and UOB reported solid earnings Analysts revised Singtel target prices upwards Singapore’s Budget announced...

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How long can banks support the STI in the face of rising interest rates and geopolitical risk?

Large gains in banks pushed the STI up 2.9% to 3,428.95 Wall St came under pressure from two fronts – inflation and Ukraine war concerns US bond yields initially spiked up, then dropped...

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Wall St rebound helps STI rise to 30-month high

In the US, earnings took over as the main driver All Wall St’s major indices registered gains for the week Banks led by UOB helped STI rise 2.5% to 30-week high of 3,331.41 ...

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