STI managed 0.7% gain despite ongoing war in Ukraine
March 14, 2022The 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...
Read MoreWar in Ukraine, sanctions on Russia, surging oil prices were the main concerns
March 7, 2022The 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...
Read MoreMonthly wrap for February 2022: Upward momentum stalled because of Russia’s attack on Ukraine
March 1, 2022The 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...
Read MoreRussia’s invasion of Ukraine sparked major selloff
February 28, 2022The Straits Times Index lost 134 points or 3.9% at 3,294.47 Russia’s invasion of Ukraine brought the sellers out in force Concerns surround the impact on commodity prices, inflation and growth DBS, UOB...
Read MoreSTI flat for the week, resilient in the face of rising Ukraine worries, Wall St selloff
February 21, 2022The Straits Times Index was flat over the five days at 3,428.90 Support was mainly for banks after DBS and UOB reported solid earnings Analysts revised Singtel target prices upwards Singapore’s Budget announced...
Read MoreHow long can banks support the STI in the face of rising interest rates and geopolitical risk?
February 14, 2022Large gains in banks pushed the STI up 2.9% to 3,428.95 Wall St came under pressure from two fronts – inflation and Ukraine war concerns US bond yields initially spiked up, then dropped...
Read MoreWall St rebound helps STI rise to 30-month high
February 7, 2022In the US, earnings took over as the main driver All Wall St’s major indices registered gains for the week Banks led by UOB helped STI rise 2.5% to 30-week high of 3,331.41 ...
Read MoreMonthly wrap for January 2022: “As goes January, so goes the year”?
February 3, 2022The STI gained 126 points or 4% in January at 3,249.59 The rise came despite Wall St’s nervousness and correction US investors worried about number of rate hikes in 2022 DBS and UOB...
Read MoreInflation, interest rates and the Fed
January 31, 2022The STI lost 48 points or 1.45% at 3,246.33 Main concerns were US Fed tightening in face of rising inflation Question is how many rate hikes there will be – 3 or 4? ...
Read MoreBanks help keep the STI afloat as Wall St tumbled
January 24, 2022UOB took over from DBS as main bank play The STI added 13 points or 0.4% at 3,294.86 despite sliding Wall St SPACS Vertex Tech and Pegasus Asia debuted on Thurs and Fri...
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