Market Updates

Middle East tensions cap STI’s recovery

Israel’s attack on Iran sent stocks diving, STI down 0.6% for the week Wall St buckled as oil prices surged, Brent crude at US$74 per barrel All eyes on the Fed for...

Read More

STI’s recovery continued, index up 1.02%

The STI rose 1.02%, its seventh weekly gain from the past eight weeks Wall St wobbled mid-week, Tesla’s shares crash after Musk feuds with Trump Some positive news on the US-China tariff...

Read More

“Sell in May and go away”? Not this time!

The Straits Times Index rose 1.6% in May to 3,894.61 Wall St indices gained 3.9-9.6% as tariff fears eased MSCI Quarterly Index Review lifted volume on 30 May to S$3.32b US Courts...

Read More

The US bond market called the shots; STI down 0.4%

The STI fell 15 points or 0.4% to 3,882.42 in tandem with US bond prices Moody’s downgrade of US debt caused Wall St to wobble A weak US Treasury auction caused another...

Read More

US-China tariff pause helped STI rise for fifth consecutive week

A 90-day pause in US-China tariffs helped the STI rise for fifth straight week Major US indices rose 3.4-7.2% for the week; the STI rose 0.5% US consumer sentiment fell to second-lowest...

Read More

The Fed kept rates unchanged, markets cautious over potential US trade talks, STI rose for fourth consecutive week

The Fed kept rates unchanged as expected Wall Street cautious over trade talks, though there was some progress UOB reported flat 1Q profit of S$1.49b, suspended guidance DBS’s Q1 profit 2% down...

Read More

No adverse tariff developments helped STI to third straight weekly gain

The STI managed a rise for the third consecutive week The rise was driven by absence of negative tariff news Chances of a US interest rate cut this week is only 2.8% ...

Read More

Monthly Market Wrap: Tariff turmoil rocked markets in April – and it’s still not over yet

The Straits Times Index plunged from the 4,000 level to as low as 3,393 after US tariffs were announced The index recovered after 90-day tariff pause was announced to finish at 3,832.51,...

Read More

Wall Street’s rebound helped the STI rise 2.8%

The STI gained 9.1% in seven straight sessions before faltering on Thursday and Friday For the week, the index’s net gain was 2.3% at 3,823.78 All three US indices rose for the...

Read More

Strong rebounds in three banks helped STI shrug off Wall St’s wobbles

7% rebounds in the banks propels the STI up 6% to 3,720.33 Wall St’s indices all closed weaker on tariff and earnings concerns US inflation still a problem, no rush to cut...

Read More