Market Updates

The STI’s rebound could be short-lived after Wall Street’s Friday plunge

The Straits Times Index gained 26 points or 0.8% at 3,361.11 Rise could be short-lived following Wall Street’s Friday plunge US stocks under pressure from rapidly rising bond yields US Fed: 50 basis...

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“Sell in May and go away”?

The Straits Times Index fell 48 points or 1.4% to 3,335.85 Reasons were the ongoing war in Ukraine, risk of recession and a hawkish US Federal Reserve Singapore’s Q1 GDP growth was 3.4%,...

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A hawkish Fed helped send the STI below 3,400

The STI lost 36 points or 1.1% at 3,383.28 Strong signals from the US Fed of faster-than-expected tightening were responsible Those signals came from comments by Fed governors and the minutes of the...

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Stocks are holding their ground

The STI gained 6 points or 0.17% at 3,419.11 The gain came despite a negative external backdrop Keppel O&M and Sembmarine need more time to merge Yangzijiang was in play after capital injection...

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Monthly wrap for March 2022: Climbing a wall of worry

The STI climbed a wall of worry to rise 166 points or 5.1% to 3,408.52 over the month The STI’s first quarter gain was 9.1% The rise came despite was in Ukraine...

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The market rose after easing of Covid-19 measures

The STI gained 2.5% last week at 3,413.69 Wall St also rose despite negative signals from the Fed and bond market US Treasury yields now at pandemic-era high The war in Ukraine is...

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A drop in oil, a rebound on Wall St and hopes of a Russia-Ukraine settlement pushed the STI up 2.5%

The STI rebounded 81 points or 2.6% at 3,330.63 The S&P gained 6.2%, the Dow 5.5% and Nasdaq 8.2% Driving the rebound was hope of fresh Russia-Ukraine talks Oil prices fell but remain...

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STI managed 0.7% gain despite ongoing war in Ukraine

The Straits Times Index added 23 points or 0.7% at 3,249.66 Russian invasion of Ukraine was still the main factor Oil and commodity price volatility spilled over to stocks Prices gyrated in...

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War in Ukraine, sanctions on Russia, surging oil prices were the main concerns

The Straits Times Index lost 68 points or 2% at 3,226.78 Russia’s attack on Ukraine, the West’s sanctions on Russia and surging oil prices were the main worries US Federal Reserve chief Jerome...

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Monthly wrap for February 2022: Upward momentum stalled because of Russia’s attack on Ukraine

The STI first shot up 6% in Feb but closed with net 0.2% loss Main reason was Russia’s attack on Ukraine Commodity, oil prices surged; investors moved money to safe havens Will the...

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