Banks continue to send STI higher
January 17, 2022The Straits Times Index rose every day, adding 76 points or 2.4% at 3,281.97 The main push on the index came from the three banks Also helping was a relatively firm Wall St...
Read MoreBanks push STI 2.6% higher, above 3,200
January 10, 2022A firm Wall St helped STI add 2.6% at 3,205.26 Singapore’s 2021 growth was highest since 2010 MCT fell and MNACT rose after their merger announcement Share buybacks in 2021 crossed S$1b FOMC...
Read MoreMonthly wrap for December 2021: A firm month to round off a firm year
January 3, 2022The Straits Times Index rose 2.7% to end the year at 3,123.68 For 2021 the STI rose 9.8% making it one of region’s best performers Wall Street enjoyed one of its best years...
Read MorePositive Omicron developments help markets rebound
December 27, 2021Markets rebounded after initial selloff on positive Omicron news Wall St ended the week with the S&P 500 at an all-time high The STI dropped 39 points on Monday but recovered 36 from...
Read MoreCentral banks in focus in soft week
December 20, 2021The Straits Times Index lost 31 points or 1% at 3,111.63 The US Fed said it would wind up its bond buying by March and possibly raise rates three times next year Bank...
Read MoreSTI gained 1.1% but in low volume as Omicron fears receded
December 13, 2021Signs that Omicron may not be that virulent helped push the STI up Wall St hit a new all-time high on Friday despite strong inflation data Volume here was weak, averaging just over...
Read MoreOmicron upset global markets
December 6, 2021A volatile week ended with the STI down 65 points or 2% at 3,101.02 Emergence of new Omicron virus variant was main culprit Banks were main index drivers Average daily turnover doubled to...
Read MoreMonthly wrap for November 2021: Omicron derails STI’s bid for higher ground
December 1, 2021The STI lost 157 points or about 5% at 3,041.29 for the month In early Nov, the outlook was positive as the index crossed 3,200 Most of the selling came in final 3...
Read MoreNew virus variant sends market reeling
November 29, 2021Sudden news of South African virus variant cut 2% off the STI at 3,166.27 Biggest selling came on Friday when index tumbled 1.7% Wall St also took a hit, major indices down 2.3-2.5%...
Read MoreMarkets in consolidation mode
November 22, 2021The Straits Times Index gained 4 points at 3,232.34 Volume remained mediocre but sentiment was firm Support came from Wall St and more signs of economic recovery The takeover tussle for SPH continued...
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