Market Updates

A quiet week ahead of the Christmas break

Gordon Tang to buy out Suntec REIT’s manager for S$190m Keppel sold remaining interests in two data centres for S$50.5m to Keppel DC REIT EC World REIT given until May 2026 to...

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The banks, with OCBC at a new all-time high, pushed the STI up 1.2% after Fed rate cut

The STI rose 1.2% to 4,586.45 supported by bank gains, OCBC at all-time high US Fed delivered the expected rate cut and added an upbeat statement on the economy Dow & S&P...

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OCBC & UOB help the STI add 8 points or 0.17% at 4,531.36

DBS fell but gains in UOB & OCBC help the STI add 0.17% Wall St – all major indices posted gains, market expecting a rate cut on Wed Offer made to take...

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Monthly Market Wrap: The STI broke above 4,500 and set three consecutive all-time highs in Nov

All-time highs for DBS, OCBC & Singtel pushed STI to new records The STI gained 2.1% for the month, 1.2% for the final week Wall Street rocked by AI scepticism but later...

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AI concerns hit Wall Street and drag the STI down 1.7% to 4,469.14

Persistent weakness on Wall Street sent the STI down 1.7% Most of the selling focused on concerns over the AI trade and interest rate direction FOMC minutes showed disagreement among members Wall...

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Despite Friday’s selloff, the STI gained 1.2% and set three all-time high records along the way

The STI rose 1.2% to 4,546.07 driven by Singtel and OCBC On Wall St, investors are questioning the AI theme Probability of a Dec US rate cut now only 44% Analysts generally...

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DBS, OCBC and Singtel drove the STI to new all-time high, UOB took a hit

All major US indices fell for the week on AI worries DBS surged 3.81% to new high after better-than-expected Q3 earnings UOB’s shares took a hit after higher-than-expected provisions OCBC up 3.4%...

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Monthly Market Wrap: A strong start to the month – followed by a three-week consolidation

The STI recorded a new all-time closing high of 4,472.26 on 7 Oct It fell back but still gained 3% for the month at 4,428.62 The US Fed cut interest rates as...

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The STI regained the 4,400 mark, boosted by all-time Wall St highs

The STI rose 2.17% to 4,422.21, underpinned by firm wall St US indices at all-time highs thanks to benign inflation report Probability of rate cut this week is 96.9% Jardine Matheson made...

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Led by the banks, the STI dropped 100 points or 2.2%

DBS’s 4.3% loss helped drag the STI down to 4,328.93 Despite US bank worries and ongoing US-China trade tensions, Wall St posted gains for the week GIC filed lawsuit against Nio ...

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