The STI ended just 3 points higher at 3,316.56
May 27, 2024Trading was cautious with lower average daily volume Wall St took a dive on Thursday after hotter-than-expected PMI numbers Hawkish Fed minutes also brought the sellers out Probability of Sep rate cut...
Read MoreThe STI closed above 3,300 whilst the Dow closed above 40,000 for the first time
May 20, 2024The STI held on to the 3.300 mark for two days, rising 0.7% to 3,313.48 On Wall St, a benign April CPI reading helped push the Dow above 40,000 and the S&P...
Read MoreThe STI managed to cross 3,300 on Tuesday but fell below despite strong Wall Street
May 13, 2024US stocks rose after jobless claims indicated a cooler economy Despite Wall ST’s strength, the STI closed flat for the week at 3,290.70 All three banks closed lower for the week UOB...
Read MoreSTI managed to cross 3,300 twice – thanks to “higher for longer” interest rates
May 6, 2024The STI gained 0.36% at 3,292.93 after crossing 3,300 twice during the week Latest US FOMC lived up to expectations – rates to stay unchanged “Goldilocks’’ US jobs report lifted Wall St’s...
Read MoreMonthly Market Wrap: The STI: Range-bound between 3,150-3,280
May 2, 2024Wall St’s strength in the third week of the month despite adverse inflation data helped the STI gain 2.1% over the month at 3,292.69 STI laggards led the way: SGX Research Overall,...
Read MoreWall St’s strength helped STI power above 3,200 – and almost cross 3,300
April 29, 2024The STI pushed past 3,200 and almost 3,300 thanks to a strong Wall St Second half weakness cut the index’s gain to 3.3% at 3,280.10 After a Thursday wobble, US stocks closed...
Read MoreMore doubts on the timing of US rate cuts meant STI lost the 3,200 mark
April 22, 2024The Straits Times Index lost the 3,200 mark for the fifth time this year Main reason was Wall St’s weakness where stocks and bonds fell Apart from Middle East tensions, Powell’s disappointing...
Read MoreSTI slips 0.06% as Wall St comes under pressure after hot CPI data, weak bank earnings and worries over Middle East situation
April 15, 2024The STI lost 2 points at 3,216.91 despite weakness on Wall St Middle East tension, US earnings to set tone for week ahead US stocks and bonds came under pressure after strong...
Read MoreA quiet trading week as Wall St stocks and bonds came under pressure
April 8, 2024The Straits Times Index fell 0.2% in subdued trading Wall St stocks came under pressure from rising bond yields; 10-year Treasury now yielding almost 4.4% After strong jobs report, probability of June...
Read MoreMonthly Market Wrap: Recoupled to Wall Street
April 1, 2024The STI responded to Wall St’s strength by rising 2.6% in March Volume improved from a daily average of S$1.04b in the first week to S$1.25 in the fourth week Banks and...
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