Monthly wrap for October 2018: October was very much a “risk off’’ month
November 1, 2018Straits Times Index lost 7.3% for the month, down 11.3% for the year; US-China troubles, rising geopolitical risk, earnings disappointments among main concerns; A weakening China economy and stock market also played...
Read MoreMarkets still in risk-off mode
October 29, 2018STI lost 90 pts or 2.9% for the week, -12.7% for YTD led mainly by banks; US-China trade worries, rising geopolitical risk and falling oil prices were among the worries; US bond...
Read MoreA hawkish Fed, China’s problems and new URA rules weigh on stocks
October 22, 2018STI fell 7 points over the week to end at 3,062.51; US 10-year Treasury stayed close to 3.2% mark throughout; Wall St turned in an unconvincing and volatile performance; Local property market...
Read MoreVolatility spiked in tandem with bond yields
October 15, 2018Rising US bond yields added to trade tensions to drag stocks lower; The STI lost 4.4% over the week as China’s woes continued; Concerns over China’s growth weighed on sentiment, its stock...
Read MoreStill stuck in a trading range with one eye on rising US bond yields
October 8, 2018STI dropped 1.5% over the week with Jardine and banks the main drivers; Turnover remained low at an average of $930m per day; Wall St hit record highs in first half of...
Read MoreMonthly and Weekly Markets Wrap for September 2018: US-China trade problems, FOMC provided main focus
October 1, 2018STI rose 1.2% for week, 1.4% for month but lost 0.33% for 3Q; US-China trade standoff still dominated headlines; US 10-year yield crossed 3% in mid-Sep – and has stayed there; Wall...
Read MoreUS-China trade war still the focal point
September 24, 2018The Straits Times Index rose 56 points or 1.8% over the week; US-China trade war was the focal point, but fears appear to have eased; Dow Jones Industrial Average rose to all-time...
Read MoreTrade concerns still the main factor
September 17, 2018STI gained 0.9% over the week on hopes that US-China trade talks will resume; Emerging market contagion worries also weighed on sentiment; Indonesia’s economic worries featured prominently; China’s stock markets remained weak...
Read MoreEmerging market worries hit stocks, US-China trade war fears rekindled
September 10, 2018Emerging market worries continue, STI last week lost 2.5%; Trump’s proposal to add US$267b in tariffs on China added to concerns; Indonesia’s rupiah slide attracted plenty of attention; Dairy Farm added to...
Read MoreMonthly market report for August 2018: Trade deals, emerging market worries dominate as STI drops 3.2%
September 3, 2018STI fell 106 points or 3.2% over the month to end at 3,213.48; Trade wars played a key role – between US and China, then US-Mexico-Canada; Turkey’s collapse followed by worries about...
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