Market Updates

The STI ended flat for the week after earlier rising to new highs, tech stocks under pressure

Driven by the banks, the STI closed at a new high of 5,218.96 on Thursday The index finished flat for the week at 5,191.73, banks ended mixed Renewed hostilities at Strait of...

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A new all-time high above 5,200 after US-Iran peace deal

The STI closed at a new high of 5,212.84 on Thursday The gain for the week was 3.3% after news of US-Iran truce Oil prices fell but will face renewed pressure after...

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A volatile week driven by on-off US-Iran conflict and AI selling/rebound

The STI fell below 5,000 before closing at 5,025.8, a loss of 0.5% US-Iran conflict, AI selling were the main factors Space X’s debut on Friday provided main focus for Wall St ...

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Banks continued to power the STI to new high, but gains not broad-based

Gains of 1.5-2.3% by the banks pushed the STI up 0.2% for the week On Wed, the STI closed at a new high of 5,138.24 Gains were not broad-based – losers outnumbered...

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Monthly Market Wrap: A new all-time high for the STI, driven by the banks and Wall Street’s resilience

The STI reached a closing high of 5.072.34 in May The net gain for the month was 2.5% at 5,037.86 Friday’s window-dressing push wasn’t enough to prevent a loss of 0.6% for...

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Banks, Singtel drive STI all-time of 5,072.34 on Tuesday

The STI gained 79 points or 1.6% at 5,068.15 driven by all-time highs for DBS and OCBC On Tuesday, the index hit a new all-time closing high of 5,072.34 Wall St rose...

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Banks push STI up 1.4% to 4989.08, second line continued to see hectic activity

DBS’s surge to a new high above S$60 helped add 1.4% to STI Second line activity continued with Green Build, Concord NE, Top Glove, JEP and Creative among those that sprang into...

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Bank earnings in focus amidst heavy rotational playing of second liners

The STI added 0.2% at 4,921.90 with bank earnings in focus Latest US jobs report points to no rate cut in June OCBC’s wealth business drove Q1 profit up 5% to better-than-expected...

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Monthly Market Wrap: Sell in May and Go Away? A Reality Check as the STI struggled to recapture the 5,000 level

Despite crossing 5,000 twice in April the STI finished at 4,912.69 The gain for the month was 0.6%; for the week ended 30 April it was a loss of 0.2% Geopolitical tensions...

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The STI fell 1.5%, dragged lower by OCBC, UOB & Singtel but plenty of action in second line

Oil rose but the S&P 500 and Nasdaq Composite jumped to new highs Dragged down by OCBC, UOB & Singtel, the STI fell 1.5% US Fed expected to keep interest rates unchanged...

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