Market Updates

Wall St fell ahead of US elections, STI also weaker, down 1.05%

The STI fell 1.05% to 3,555.43 as Wall St faltered Latest US economic data sent mixed signals, all 3 US indices lose ground Big week ahead – US presidential elections, FOMC meeting ...

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Monthly Market Wrap: Flirting with the 3,600 level

With no real direction from overseas, stocks traded sideways for Oct The STI was stuck in a narrow band 3,573-3,640 For the month, the index fell 0.8% to 3,558.88 Conflict in Middle...

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A spike up in US Treasury yields capped Wall St’s gains, STI lost the 3,600 mark

A sudden rise in US bond yields rocked Wall St The Dow Jones Industrial Average fell all five trading days The STI lost 47 points or 1.3% at 3,593.41 Futures market still...

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Banks and Singtel push STI above 3,600 after two mid-week attempts

Third time successful for STI as it rose 1.9% to 3,640.19 The gain was mainly thanks to the banks and Singtel On Wall St, tech stocks took a mid-week beating but Dow...

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An uncertain Wall St early in the week meant the STI lost 0.4% at 3,573.76

The STI tried twice to rise above 3,600 during the week Mid-week weakness on Wall St meant the STI closed 0.4% lower Bank earnings on Friday helped lift the Dow and S&P...

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Markets remain resilient in face of rising Middle East tensions

Iran’s attack on Israel caused a mid-week wobble on Wall St Despite oil prices shooting up, US stocks and bonds stabilised The STI eventually closed with a 0.4% rise to 3,589.13 All...

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Monthly Market Wrap: The Fed cut rates by 50 points, Wall Street rose and the STI hit 17-year highs

As was widely expected, the US Fed cut its interest rates in Sep The reduction was 50 basis points to 4.75-5% Market is now pricing in 52% chance of another 50-pts cut...

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Weakness in banks, Singtel dragged the STI down 1.5% but broad market was up

The STI fell 51 points or 1.4% to 3,573.36, dragged lower by banks and Singtel Despite index’s loss, market strength appeared to broaden last week On Wall Street, the Dow set its...

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The STI rose to a 17-year high after Fed cut rates by 50 basis points

As expected, the US Fed cut rates by 50 points to 4.75-5% Markets rallied, STI burst through 3,600 to its highest since 2007 Average daily volume was S$1.5b Key takeaways from the...

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Banks, Singtel drive STI to five consecutive 52-week highs above 3,500

A firm Wall Street helped push the STI to five consecutive rises, up 3.1% at 3,562.62 Wall St posted its best week of the year – after its worst week of the...

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