Straits Times Index (STI)

Broker's Calls

'Despair' in stock market in final phase, say DBS analysts

Singapore’s stock market is in the “final ‘despair’ phase”, say DBS analysts Yeo Kee Yan and Janice Chua who think this stage begun on June 10 when the Straits Times Index (STI) was at 2,800 points

Broker's Calls

ST Eng, Venture Corp, Wilmar, AEM, UG Healthcare among CGS-CIMB’s top picks

Amid 2Q20 earnings season, CGS-CIMB Research analysts Lim Siew Khee and Jeremy Ng have identified consumer goods, tech, and REITs as outperforming sectors for the month of July, while sectors such

STI watch

STI plunges 3.1% on continued economic uncertainty

Financial markets continued to limp into the second half of 2020, with the benchmark Straits Times Index (STI) declining 3.1% w-o-w to 2,495.09 on Monday morning, after Singapore’s central bank too

Right Timing

Selling intensifies as STI breaks minor support

The Straits Times Index fell further during the shorter week, to 2,529, down 45 points week-on-week, placing it well  below its 50- and 100-day moving averages, currently at 2,626 and 2,588 respect

STI watch

STI remains in the red following lowered factory output, and rising number of infections

The benchmark Straits Times Index (STI) slid 1.3% week-on-week to 2,581.66 this morning, after Singapore’s factory output contracted for the second straight month in June.

STI watch

STI shares dip despite June Nodx gains

SINGAPORE (July 20): The Straits Times Index (STI) dipped 0.8% to 2,608.82 from last week’s 2,631.08 despite the rebound in June’s non-oil domestic exports (NODX) numbers released on July 17.

STI watch

STI in the red following Singapore GE2020

SINGAPORE (July 13): The Straits Times Index (STI) fell 1.7% to 2,689.61 points as at noon today, from last Monday’s 2,644.9 following the Singapore General Election 2020 held last Friday.

Singapore economy

Market analysts cheer a more diverse parliament following watershed Singapore elections

(July 13): Another mandate for Singapore’s ruling party -- along with the opposition winning its most seats ever -- will boost the city-state’s equities, according to analysts.

Broker's Calls

DBS recommends yield stocks amid gradual recovery

SINGAPORE (July 3): With interest rates likely to remain low until end 2021 as the economy follows a “U-shaped” or “L-shaped” recovery, DBS analysts Yeo Kee Yan and Janice Chua are recommending inv

Singapore economy

Mandate for Singapore post-elections may bode well for nascent rebound for stock market

(July 3): A new mandate to govern Singapore during the pandemic can bode well for the nascent rebound in the nation’s US$383 billion ($533.83 billion) stock market.

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