Market Updates

A modest gain in improved volume against a backdrop of record Wall St highs

The STI added 0.2% or 7 points at 3,159.53 Benign US inflation and economic numbers drove Wall St to new highs US Fed though unlikely to cut rates next week, finds itself...

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STI failed to challenge 3,200 level despite Wall St’s late strength

The STI fell 1.2% to 3,152.29 in improved volume Wall St first weakened, then driven by tech stocks, rose to all-time highs on Friday Market pricing in 48% chance of March rate...

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STI managed 0.2% rise, US inflation still a concern

The STI gained 7 points or 0.2% at 3,191.72 All 3 US equity indices managed rises for the week despite inflation data US consumer price index rose more-than-expected 3.4% in December Probability...

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STI lost 1.7% in first week of 2024

The STI, which enjoyed a late 100-points push a week earlier, fell 56 points or 1.7% to 3,184.3 Banks were the main index movers; average daily volume was S$829m Wall St’s major...

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Monthly Market Wrap: The STI ended the year with a bang, possibly thanks to last-minute window-dressing

A late push on the STI ensured it recorded a modest 0.3% loss for the year For the month, the gain was 5.5%; for the week it was 3.2% The S&P 500 gained...

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Wall St’s record-breaking run continued to have muted impact here

The STI gained 24 points or 0.8% at 3,140.32 It was a muted performance, given that the US market rose for 8th consecutive week 10-year US Treasury yield now down to 3.89% ...

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Wall St rose to all-time high after Fed meeting but impact here was muted

The Fed kept rates unchanged as expected, Dow crossed 37,000 for first time Impact here was not great – the STI rose only 6 points over the week or 0.2% to 3,116.31 ...

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The STI managed to regain the 3,100 mark in low volume

The STI rose 20 points or 0.6% to 3,110.73 Volume was low, at a daily average of S$828m Wall St indices recorded their sixth consecutive weekly gain US Treasury yields rose on...

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Monthly Market Wrap: A bullish Wall St did not have much effect here

The STI added only 5 points to 3,072.99 despite a strong Wall St Most days volume was poor but jumped to S$1.9b on 30 Nov Singapore’s market cap rose 0.1% to S$750b Singtel...

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Despite interest rate optimism, the STI falls almost 1% in thin volume

A benign Oct US CPI report helped extend Wall St’s rally Impact here was not felt – the STI fell 1% to 3,094.81 Volume was low – on Thursday and Friday, less...

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