STI failed to challenge 3,200 level despite Wall St’s late strength
January 23, 2024The 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...
Read MoreSTI managed 0.2% rise, US inflation still a concern
January 15, 2024The 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...
Read MoreSTI lost 1.7% in first week of 2024
January 8, 2024The 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...
Read MoreMonthly Market Wrap: The STI ended the year with a bang, possibly thanks to last-minute window-dressing
January 2, 2024A 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...
Read MoreWall St’s record-breaking run continued to have muted impact here
December 26, 2023The 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% ...
Read MoreWall St rose to all-time high after Fed meeting but impact here was muted
December 18, 2023The 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 ...
Read MoreThe STI managed to regain the 3,100 mark in low volume
December 11, 2023The 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...
Read MoreMonthly Market Wrap: A bullish Wall St did not have much effect here
December 4, 2023The 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...
Read MoreDespite interest rate optimism, the STI falls almost 1% in thin volume
November 27, 2023A 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...
Read MoreMAS tightens crypto rules to protect retail customers
November 24, 2023Retail investors should take note of the latest announcement made by MAS, on 23rd November 2023 with regard to the measures for digital payment token services. Mr David Gerald, Founder, President and CEO, of SIAS emphasized...
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