A week of two halves
May 30, 2022The STI first sank to 3,179 during the week before rebounding to 3,230.55 Thanks to Wall St’s second half rebound, STI’s net loss was only 0.3% Singapore’s 2022 growth likely to fall in...
Read MoreChina’s reopening and rate cut helped make up for a torrid week for Wall St
May 23, 2022The Straits Times Index rose 49 points or 1.5% to 3,240.58 Main support came from positive news out of China Wall St continued to be rocked; S&P 500 on the brink of bear...
Read MoreStocks rebounded on Friday the 13th but same concerns remain
May 17, 2022Despite Friday’s 25-points rise, the STI lost 100 points or 3% at 3,191.16 Wall St also rose on Friday, reportedly because of Fed chief Powell’s comments as well as falling bond yields More...
Read MoreSTI lost 2% in line with sharp falls on Wall St
May 9, 2022The week’s main focal point was the US FOMC meeting Despite the Fed’s dovishness, Wall St eventually buckled The STI followed suit, dropping 65 points or 2% at 3,291.89 US bond yields spiked...
Read MoreMonthly wrap for April 2022: STI down 1.5% in April
May 4, 2022The STI was well-supported despite Wall St’s plunges DBS and OCBC’s 1Q earnings were in line with expectations, UOB’s fell short US stocks underwent their worst 4 months since 1939 on spiking inflation...
Read MoreThe STI’s rebound could be short-lived after Wall Street’s Friday plunge
April 25, 2022The 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...
Read More“Sell in May and go away”?
April 18, 2022The 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%,...
Read MoreA hawkish Fed helped send the STI below 3,400
April 11, 2022The 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...
Read MoreStocks are holding their ground
April 4, 2022The 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...
Read MoreMonthly wrap for March 2022: Climbing a wall of worry
April 1, 2022The 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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