Market Updates

Stocks remain firm despite rise in bond yields

US Treasuries rose on Fed chief’s comments, sparked selloff in stocks; Markets stayed firm after a wobble, strong US jobs report helped Wall St recover; STI regained the 3,000 level when it...

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Monthly wrap for February 2021: Vaccine optimism vs rising bond yields

The STI gained 1.6% for Feb at 2,949.04; Optimism came from vaccine news, pessimism from higher bond yields; Wall St’s all-time highs on Wed were erased by fears of rising rates; Wilmar...

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Second liners continue to occupy market’s energies amidst rising rate concerns

The STI fell 45 points or 1.5% to 2,880.64; Penny stocks enjoyed bulk of the volume; Wall St and other markets have their eyes on rising US bond yields; Singapore Government’s Budget...

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Penny stock remained in play in quiet week for blue chips

The STI gained 18 points to end a holiday-shortened week at 2,925.48; Absence of major news meant players turned to penny stocks; Average value per unit traded was around S$0.50; DBS reported...

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A flat week for the STI, penny stocks in play

The STI gained 5 points or 0.17% at 2,907.11 over the week; Wall Street’s new highs due to weak economic data which raised stimulus hopes; Penny stocks in play, possibly as traders...

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Monthly wrap for January 2021: Bulls held sway in first half, bears in second

The STI was up 2% for the month; All of the gains came in first two weeks when index rose 6%; Drag came from Wall Street’s second half selloff; US Fed chief...

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STI regained the 3,000 level on Thursday – then lost it on Friday

Biden’s peaceful inauguration brought some support; STI climbed above 3,000 on Thursday but fell back on Friday; Wall St’s fall on Friday attributed to Fauci warning about new virus strains; Singapore govt...

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The STI regained the 3,000 mark on US stimulus hopes

Markets took their cue from a firm Wall St; Sentiment in US was upbeat despite political upheaval; Main hope was that Biden administration would announce stimulus; US President-elect Biden duly announced plans...

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A Blue Wave lifts markets in a week of two halves

Explosive end to the week saw the STI gain 5.3%; The push came from the US, where Democrats won control of Senate; Market now hopes for more US stimulus, Wall St at...

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Monthly wrap for December 2020: A flat month in a weak year

The STI added one point in December to end at 2,843.81; The index’s loss for the year was 11.7%; Over in the US, the S&P 500 finished 2020 at a new all-time...

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