Market Updates

Wall St rose to all-time high after Fed meeting but impact here was muted

The Fed kept rates unchanged as expected, Dow crossed 37,000 for first time Impact here was not great – the STI rose only 6 points over the week or 0.2% to 3,116.31 ...

Read More

The STI managed to regain the 3,100 mark in low volume

The STI rose 20 points or 0.6% to 3,110.73 Volume was low, at a daily average of S$828m Wall St indices recorded their sixth consecutive weekly gain US Treasury yields rose on...

Read More

Monthly Market Wrap: A bullish Wall St did not have much effect here

The STI added only 5 points to 3,072.99 despite a strong Wall St Most days volume was poor but jumped to S$1.9b on 30 Nov Singapore’s market cap rose 0.1% to S$750b Singtel...

Read More

Despite interest rate optimism, the STI falls almost 1% in thin volume

A benign Oct US CPI report helped extend Wall St’s rally Impact here was not felt – the STI fell 1% to 3,094.81 Volume was low – on Thursday and Friday, less...

Read More

MAS tightens crypto rules to protect retail customers

Retail investors should take note of the latest announcement made by MAS, on 23rd November 2023 with regard to the measures for digital payment token services.    Mr David Gerald, Founder, President and CEO, of SIAS emphasized...

Read More

A quiet week as traders wait for more clues regarding interest rates

A firm Wall St helped the STI add 18 points or 0.6%$ at 3,124.67 US stocks rallied after a benign Oct CPI report US Treasury yields fell, probability of no rate hike...

Read More

A quiet but ultimately soft week for local stocks

Falling US Treasury bond yields helped – but only early in the week Hawkish comments by US Fed chairman Powell brought sellers out The STI fell 37 points 02 1.2% to 3,106.68 ...

Read More

A fall in bond yields provides relief for stocks

As expected, the US Federal Reserve kept interest rates unchanged Despite Fed’s message of “higher for longer’’, US Treasury bond yields fell, the 10-year yield down from 4.9% to 4.557% Benign US...

Read More

Monthly Market Wrap: Surging bond yields dragged STI down 4.7% in October

Rising US Treasury yields sparked broad-based selloff in stocks and bonds All three US equity indices fell 1.4-2.8% in Oct The STI followed suit, losing 4.7% at 3,067.74 All eyes on Wednesday’s FOMC...

Read More

Rising US Treasury bond yields continued to take a toll

The 10-year US Treasury yield crossed 5%, highest since 2007 The STI fell 0.5% to 3,061.85 as the S&P 500 entered correction territory Despite strong US economy, 97% chance of no rate...

Read More