A dovish Fed helped markets stay firm
March 22, 2021US Fed pledged to keep rates low and not taper its bond purchase; US economy on track for 6.5% growth this year, said Fed; STI rose 34 points or 1.3% to 3,134.54...
Read MoreUS stimulus enables STI to cross 3,100, markets shrugged off rising bond yields – for now
March 15, 2021The STI rose 82 points or 2.7% to 3,095.22; On Thursday, the index closed at 3,106; The main driver was the US’s US$1.9 trillion stimulus; Wall St continued to rise to new...
Read MoreStocks remain firm despite rise in bond yields
March 8, 2021US Treasuries rose on Fed chief’s comments, sparked selloff in stocks; Markets stayed firm after a wobble, strong US jobs report helped Wall St recover; STI regained the 3,000 level when it...
Read MoreMonthly wrap for February 2021: Vaccine optimism vs rising bond yields
March 1, 2021The STI gained 1.6% for Feb at 2,949.04; Optimism came from vaccine news, pessimism from higher bond yields; Wall St’s all-time highs on Wed were erased by fears of rising rates; Wilmar...
Read MoreSecond liners continue to occupy market’s energies amidst rising rate concerns
February 22, 2021The STI fell 45 points or 1.5% to 2,880.64; Penny stocks enjoyed bulk of the volume; Wall St and other markets have their eyes on rising US bond yields; Singapore Government’s Budget...
Read MorePenny stock remained in play in quiet week for blue chips
February 15, 2021The STI gained 18 points to end a holiday-shortened week at 2,925.48; Absence of major news meant players turned to penny stocks; Average value per unit traded was around S$0.50; DBS reported...
Read MoreA flat week for the STI, penny stocks in play
February 8, 2021The STI gained 5 points or 0.17% at 2,907.11 over the week; Wall Street’s new highs due to weak economic data which raised stimulus hopes; Penny stocks in play, possibly as traders...
Read MoreMonthly wrap for January 2021: Bulls held sway in first half, bears in second
February 1, 2021The STI was up 2% for the month; All of the gains came in first two weeks when index rose 6%; Drag came from Wall Street’s second half selloff; US Fed chief...
Read MoreSTI regained the 3,000 level on Thursday – then lost it on Friday
January 25, 2021Biden’s peaceful inauguration brought some support; STI climbed above 3,000 on Thursday but fell back on Friday; Wall St’s fall on Friday attributed to Fauci warning about new virus strains; Singapore govt...
Read MoreThe STI regained the 3,000 mark on US stimulus hopes
January 18, 2021Markets took their cue from a firm Wall St; Sentiment in US was upbeat despite political upheaval; Main hope was that Biden administration would announce stimulus; US President-elect Biden duly announced plans...
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