Stocks get a reprieve from trade war woes
June 11, 2019The STI gained 48.53 points or 1.6% over the week at 3,116.29; Main driving force was hope of a US interest rate cut; Also helping was hope that US might delay tariffs...
Read MoreMonthly wrap for May 2019: It’s all about the US’s trade wars – STI lost 8.3% in May
June 3, 2019The STI dropped 283 points or 8.3% over the month to 3,117.76; Rising US-China trade tensions were the main concern; Mexico was suddenly targeted, markets now wondering who’s next; China’s economy is...
Read MoreThe US-China trade war worsens
May 27, 2019The STI dropped 36 points or 1.1% over the week at 3,169.89; Volume remained low, averaging S$1b daily; Main drag came from the continuing trade war between US and China; Giant China...
Read MoreTrade frictions again roil markets
May 21, 2019The STI lost 68 points or 2% over the week to end at 3,205.46; Escalating trade tensions between US and China was main cause; China retaliated early in the week with tariffs...
Read MoreTrade war worries send markets into “risk-off’’ mode
May 13, 2019The Straits Times Index dropped 119 points or 3.5% to 3,273.5; Main incentive to sell was a revival of trade war fears as US imposed tariffs on China; Investors still hopeful a...
Read MoreBanks keep STI firm in relatively quiet week
May 6, 2019The STI gained 35.34 points or 1.05% over the week to end at 3,392.29; Banks provided the main fuel for the rise after DBS earlier announced record profits and a shift to...
Read MoreMonthly wrap for April 2019: STI at highest point for 2019, above 3,400
May 2, 2019Despite economic headwinds, STI rose to highest level this year; For the month, the STI gained 188 points or 5.8% at 3,400.2 driven mainly by banks; Rerating of banks came after DBS...
Read MoreOil prices, US earnings and China’s stimulus were key factors
April 29, 2019The STI gained 9 points or 0.4% over the week at 3,356.95; Firm oil prices helped boost interest in oil-related stocks; Worries over whether China would reduce its stimulus capped prices; US...
Read MoreLooking for fresh leads and not finding any – yet
April 22, 2019The STI rose 0.5% in quiet trading in a holiday-shortened week; China’s robust growth in the 1Q helped support prices; Singapore’s NODX surprisingly plunged in March; Local stocks in focus included Best...
Read MoreStocks in holding pattern as trade wars are back in focus
April 15, 2019The STI rose 9 points or 0.3% for the week at 3,322.64; Worries over possible US tariffs on Europe played a part; Still no developments on US-China trade negotiations; IMF cut its...
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