Market Updates

Wall St’s strength helped STI power above 3,200 – and almost cross 3,300

The STI pushed past 3,200 and almost 3,300 thanks to a strong Wall St Second half weakness cut the index’s gain to 3.3% at 3,280.10 After a Thursday wobble, US stocks closed...

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More doubts on the timing of US rate cuts meant STI lost the 3,200 mark

The Straits Times Index lost the 3,200 mark for the fifth time this year Main reason was Wall St’s weakness where stocks and bonds fell Apart from Middle East tensions, Powell’s disappointing...

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STI slips 0.06% as Wall St comes under pressure after hot CPI data, weak bank earnings and worries over Middle East situation

The STI lost 2 points at 3,216.91 despite weakness on Wall St Middle East tension, US earnings to set tone for week ahead US stocks and bonds came under pressure after strong...

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A quiet trading week as Wall St stocks and bonds came under pressure

The Straits Times Index fell 0.2% in subdued trading Wall St stocks came under pressure from rising bond yields; 10-year Treasury now yielding almost 4.4% After strong jobs report, probability of June...

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Monthly Market Wrap: Recoupled to Wall Street

The STI responded to Wall St’s strength by rising 2.6% in March Volume improved from a daily average of S$1.04b in the first week to S$1.25 in the fourth week Banks and...

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Dovish comments from the US Fed fuelled a Wall St rally

As expected, the US Fed kept rates on hold – but signalled 0.75% cut this year Wall St’s major indices set new all-time highs on Wed and Thursday Bond yields fell, probability...

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STI rose 0.8% as Wall St proved resilient to adverse inflation data

Major US indices closed flat despite adverse CPI and PPI data Probability of rate cut next week only 1%; market expects first cut in June STI rose 0.8% to 3,172.96; Friday’s volume...

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STI narrowly avoided losing 3,100, closed with 0.4% gain at 3,147.09

After threatening to fall below 3,100, the STI rebounded US stocks came under pressure after Fed chief’s testimony, strong jobs report Probability of US rate cut this month only 3% Tech sector...

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The STI fell 1.5% even as Wall St powered to new highs

The local market’s decoupling this year from Wall St continued The STI fell 1.5% to 3,135.76 even as US stocks rose to new highs Probability of US rate cut only 5%...

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Monthly Market Wrap: STI struggled to hold on to 3,200 even as Wall St rallied to new highs

The STI regained the 3,200 level but eventually fell below For the month, the loss was 12 points or 0.4% at 3,141.85 Meanwhile, tech stocks continued to power Wall St to new...

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