Market Updates

Monthly Market Wrap: The STI rose above 4,600 for the first time, set 3 all-time high closing records

The STI added 123 points or 2.7% over the month at 4646.21 The index set three new closing highs during December The gain for the year was 859 points or 22.7% As...

Read More

New all-time closing and intraday highs during holiday-shortened week

The STI crossed 4,600 and set new record highs last week How Wall St fared – all major indices rose for the week Mandatory offer for Alpha Integrated REIT at S$0.48 per...

Read More

A quiet week ahead of the Christmas break

Gordon Tang to buy out Suntec REIT’s manager for S$190m Keppel sold remaining interests in two data centres for S$50.5m to Keppel DC REIT EC World REIT given until May 2026 to...

Read More

The banks, with OCBC at a new all-time high, pushed the STI up 1.2% after Fed rate cut

The STI rose 1.2% to 4,586.45 supported by bank gains, OCBC at all-time high US Fed delivered the expected rate cut and added an upbeat statement on the economy Dow & S&P...

Read More

OCBC & UOB help the STI add 8 points or 0.17% at 4,531.36

DBS fell but gains in UOB & OCBC help the STI add 0.17% Wall St – all major indices posted gains, market expecting a rate cut on Wed Offer made to take...

Read More

Monthly Market Wrap: The STI broke above 4,500 and set three consecutive all-time highs in Nov

All-time highs for DBS, OCBC & Singtel pushed STI to new records The STI gained 2.1% for the month, 1.2% for the final week Wall Street rocked by AI scepticism but later...

Read More

AI concerns hit Wall Street and drag the STI down 1.7% to 4,469.14

Persistent weakness on Wall Street sent the STI down 1.7% Most of the selling focused on concerns over the AI trade and interest rate direction FOMC minutes showed disagreement among members Wall...

Read More

Despite Friday’s selloff, the STI gained 1.2% and set three all-time high records along the way

The STI rose 1.2% to 4,546.07 driven by Singtel and OCBC On Wall St, investors are questioning the AI theme Probability of a Dec US rate cut now only 44% Analysts generally...

Read More

DBS, OCBC and Singtel drove the STI to new all-time high, UOB took a hit

All major US indices fell for the week on AI worries DBS surged 3.81% to new high after better-than-expected Q3 earnings UOB’s shares took a hit after higher-than-expected provisions OCBC up 3.4%...

Read More

Monthly Market Wrap: A strong start to the month – followed by a three-week consolidation

The STI recorded a new all-time closing high of 4,472.26 on 7 Oct It fell back but still gained 3% for the month at 4,428.62 The US Fed cut interest rates as...

Read More