Market Updates

Monthly Market Wrap: Up 1.3% for the month, up 16.9% for the year

The STI’s rises in Dec were capped by negativity from Wall St but gain for the year was still an impressive 16.9% Banks provided the main push with gains between 28-31% The...

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A quiet week with little direction from Wall St

The STI rebounded 52 points or 1.4% to 3,771.63 Average daily volume in the holiday-shortened week was only S$509m Despite Friday’s selling, US indices all gained for the week SingPost sacked 3...

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Fed’s cautious rate outlook, Wall St’s mid-week dive meant STI lost the 3,800 mark

The STI fell 91 points or 2.4% at 3,719.93 Main drag came from Wall St, where the Dow fell ten straight days As expected, US Fed cut rates by 25 points but...

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Ahead of next week’s FOMC, the STI regained the 3,800 level thanks to banks and Singtel

The STI regained the 3,800 level, up 14 points to 3,810.35 Banks and Singtel were main drivers but average daily volume fell US inflation numbers were inconclusive, Dow down for 7 straight...

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The Straits Times Index shot past 3,800 – but then lost it on Friday

The STI gained 57 points or 1.5% for the week at 3,796.16 It has earlier closed above 3,800 at 3,822, not far to go to challenge 3,907 all-time high US November jobs...

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Monthly Market Wrap: Trump’s win and Wall St’s rallies help STI set fresh 17-year highs

The STI rallied 181 points or 5.1% in Nov to 3,739.29 It reached a closing 17-year high of 3,757.97 on 19 Nov Trump’s US presidential win provided support via Wall St’s rallies ...

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Holding steady above 3,700 as Wall St enjoyed support from Nvidia’s Q3 earnings

The Straits Times Index added 2 points at 3,746.02 Caution early in the week following Putin’s nuclear move US Treasuries enjoyed a flight to safety Nvidia’s strong Q3 earnings helped push Wall...

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Banks continued to power the STI; broad market lagged behind

Gains of 1.3-2.3% in the banks pushed the STI up 0.5% to 3,744.7 Broad market did not follow – more falls than rises every day US Fed announced it’s in no hurry...

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Bank earnings and Trump win send STI up 4.8% to 3,724.37

The STI jumped to a 17-year high, up 4.8% at 3,724.37 Gains here were not broad-based and came mainly from the banks UOB led the way with 11.1% jump, DBS rose 9.4%...

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Wall St fell ahead of US elections, STI also weaker, down 1.05%

The STI fell 1.05% to 3,555.43 as Wall St faltered Latest US economic data sent mixed signals, all 3 US indices lose ground Big week ahead – US presidential elections, FOMC meeting ...

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