And the winner is…
November 9, 2020The US Presidential elections was the main focus; Wall Street had its best election rally since 1932; The Straits Times Index surged 155 points or 6.4% to 2,578.68; Most analysts reckon a...
Read MoreMonthly wrap for October 2020: Waiting in vain for stimulus
November 2, 2020The absence of a US stimulus deal was main focus for Oct; The STI lost 43 points or 1.7% over Oct at 2,423.84; US President Trump’s positive COVID-19 test played a small...
Read MoreUS stimulus: Deal or no deal?
October 26, 2020Markets drift while Wall St waits for US stimulus deal; The STI’s rise on Friday meant it gained 4 points at 2,537.39 for the week; Local brokers are bracing themselves for a...
Read MoreA firm finish to a flat week
October 19, 2020The STI ended flat for the week at 2,532.02; NODX rose 5.9% in Sep; Economy contracted 7% in Q3; Hyflux gets final extension; Study shows Singapore companies lag Malaysian and Thai peers...
Read MoreTrump’s actions play central role
October 12, 2020The Straits Times Index fell on Friday but still managed a 36-points or 1.4% gain for the week at 2,532.96; The main driver was Wall Street, where movements were driven by President...
Read MoreRebound stalled after Trump tested positive for COVID-19
October 5, 2020The STI was on an uptrend when news of Trump’s infection broke; Index still managed a 1% gain for the week; SGX’s market cap was 2.7% down in Sep at $740b; US...
Read MoreMonthly wrap for September 2020: The market consolidated in September
October 1, 2020The STI fell 66 points or 2.6% to 2,466.62 in September; US tech sector volatility was a big factor; US-China tensions rose as US banned Tik Tok and WeChat from app stores; ...
Read MoreMarket enters “consolidation’’ phase as it looks to Wall Street for direction
September 28, 2020Market consolidated last week with the STI losing 25 points or 1% at 2,472.28; Wall St continued to set direction; US investors were nervous about rise in virus numbers, lack of fiscal...
Read MoreUS FOMC and tech selloff were main drivers
September 21, 2020The STI added 7 points or 0.28% at 2,497.71; Main external drivers were US FOMC and technology selloff; WTO ruled that US’s tariffs on China are illegal; US to ban WeChat and...
Read MoreTech stock worries make for a soft week for stocks
September 14, 2020The Straits Times Index drifted to a 19-points or 0.76% loss at 2,490.09; US tech sector selloff weighed on sentiment; Also disappointing markets was US failure to agree on relief package; Singapore...
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