Market Updates

Led by the banks, STI woke from its slumber, gaining 2.64% and closing above 3,200

The STI added 83 points in improved volume to finish at 3,221.84 Gains were mainly from banks and came despite wobbles on Wall St US indices closed lower for the week after...

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The decoupling from Wall Street continued

Local market’s decoupling from Wall St since start of 2024 continued The STI fell 41 points or 1.3% to 3,138.30 even as US stocks hit new highs Rising bond yields didn’t slow...

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A modest gain even as Wall St powers to new all-time highs

As expected, the US Fed held rates steady but also signalled no March cut Wall St finished the week at new all-time highs despite sharp rise in 10-year Treasury yield to 4.03% ...

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Monthly Market Wrap: A decoupling from Wall Street – the STI lost 2.2% whilst US indices ended just below all-time highs

The STI fell 2.7% even as Wall St racked up several all-time highs The US Fed kept rates unchanged but signalled that inflation is still too high Final test results for Cordlife’s impacted...

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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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