Market Updates

Deal or no deal?

The Straits Times Index gained 139 points or 4.5% last week at 3,198.65; The main driving force was that the US and China resumed trade talks; As of Friday, other than encouraging...

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New Year, Old concerns

Volatile week sees STI drop 9 points so far for 2019; Same concerns at play – US-China trade, China’s slowing; US interest rates, weak oil; US government shutdown continued; Bond yield steadily...

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No Santa Claus rally in sight as Wall St fears take grip

STI added 7 points for the week at 3,053.43 but caution remains; An unsure and unstable Wall St was the main reason; Factors at play include the ongoing US govt shutdown and...

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A “hawkish’’ Fed + a nervous Wall St + threat of US govt shutdown = More weakness for stocks

The STI dropped 31 points or 1% over the week to 3,046.04; Main source of selling was Wall St’s nervousness; The US Fed raised rates and hinted at 2 more hikes in...

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Good news isn’t really that good

STI lost 34 points over the week at 3,077.09; Wall Street’s volatility was the main source of uncertainty; The state of China’s economy and US-China trade tensions were main reasons; Investors largely...

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US-China tensions at the forefront again

STI flat for week as a large early rally fizzled out when US-China problems emerged again; This time it was the arrest of a key China corporate figure that sent stocks down; ...

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Monthly wrap for November 2018: Will there be a ‘Santa Claus’ rally – or year-end “window dressing’’?

STI gained almost 100 points or 3.3% over the month but is still 8.4% down for the year to date; Trade concerns, rising interest rates, falling oil prices, weak technology earnings and...

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Trade, tech earnings and weak oil – a triple whammy for stocks

STI fell 1% over the week in line with turmoil on Wall St; Turnover was below $1billion every day; Concerns range from US-China trade war to technology sector earnings to weak oil; ...

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Blue chips were well-supported, albeit in low volume

Volatility increased but STI managed 6-points rise over the week; Turnover was low, twice dropping below $1b per day; Wall St was rocked by worries over Apple’s prospects, Goldman’s 1MDB involvement; US...

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No surprises as far as US mid-terms and FOMC were concerned

STI dropped 39 points or 1.3% over the week; volume remains low; US mid-term elections and FOMC meeting were main focus; Political gridlock thought to be good for markets; Oil enters an...

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