Market Updates

US ceiling problem solved, now back to inflation and interest rate worries

The STI fell 41 points or 1.3% to 3,166.3 US debt ceiling talks were resolved, markets to turn attention back to interest rates US market rallied strongly on Friday after strong April...

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Monthly Market Wrap: “Sell in May and go away”

The STI dropped 112 points or 3.4% to 3,158.80 Singapore’s market cap fell 2.8% in May to S$792b The month started with US bank and inflation worries uppermost The month ended with...

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Quiet week as US debt ceiling talks continue to take centrestage

The STI added just 5 points or 0.16% at 3,207.39 Stalled US debt ceiling negotiations continued to hog the headlines Fitch Ratings issued warning on US debt Singapore’s April factory output down...

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US government debt ceiling talks hold centrestage

US debt ceiling talks provided the main focus Optimism that a deal could be struck soon supported Wall Street The STI ended an uneventful week 6 points lower at 3,202.59 Singapore’s NODX...

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With Wall St providing no direction, the STI fell every day last week

The STI fell for all five days, losing 58 points or 1.8% at 3,208.55 Banks led the falls on narrower NIM concerns – DBS lost 3.9%, OCBC fell 3.2% and UOB dropped...

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An ambiguous FOMC statement leaves investors wondering what comes next

The STI traded within a narrow range and lost 0.01% at 3,266.63 DBS reported a 43% jump in 1Q profit but its shares fell 2,.8% over the week Most analysts lowered their...

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Monthly Market Wrap: “Sell in May and go away?”

The STI rose 0.37% in April but fell 1.53% in the final week to 3,270.51 Main feature was fresh property cooling measures last week Factory output fell 4.2% in March Uncertainty and downside...

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Markets drift higher in quiet trading ahead of next FOMC

The STI added 19 points or 0.6% at 3,321.82 in quiet trading Singapore’s NODX contracted for 6th straight month in March STI generated 2.4% return in first 15 weeks of 2023: SGX ...

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Prices drifted sideways in thin volume

The STI rose only 2 points to 3,302.66 Average daily turnover was a low S$802m On Wall St, inflation worries appear to have eased – for now Futures market pricing in 83%...

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The rebound continued

Markets appear to have put banking worries behind them Upward momentum of previous week continued, STI gained 1.3% Sembcorp Marine in line for STI inclusion: BT report Singapore market is a safe...

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