STI ends Friday in positive territory, adding 2.1% this week
FOR much of the week, sentiment played off the warming relationship between the US and China, culminating in the two trading gestures of goodwill.
Singapore shares post gains on Friday, up 2.1% on the week
FOR much of the week, sentiment played off the warming relationship between the US and China, culminating in the two trading gestures of goodwill. Markets have also taken heart to more accommodative central bank moves to combat flagging economic growth and hopes that the US Federal Reserve will...
Singapore stocks: STI resumes Friday afternoon at 3,206.99, up 0.4% on day
SINGAPORE equities rode the wave of risk-on sentiment after the European Central Bank (ECB) announced a fresh round of economic stimulus and another interest rate cut as expected and as hopes rose for upcoming trade talks between the US and China will bear fruit.
Asia-Pac markets see mixed trading
WASHINGTON "returned the favour" by delaying tariffs on Chinese imports till mid-October. But those more than familiar with the unpredictable nature of their relationship, chose to book profits ahead of the European Central Bank's rate decision.
Singapore shares fall 0.3% on Thursday despite US tariffs delay
WASHINGTON "returned the favour" by delaying tariffs on Chinese imports till mid-October but investors, who are more than familiar with the unpredictable nature of the trade relationship, chose to book profits ahead of the European Central Bank's rate decision.
Asia-Pac markets gain on optimism
THERE was much cheer for traders during Wednesday's session, thanks to a confluence of factors that supported risk appetite ahead of Thursday's European Central Bank's rate decision.
Singapore shares soar 1.6% in risk-on Wednesday session
THE Straits Times Index (STI) moved ahead from the opening bell, eventually settling at 3,204.52 on Wednesday, gaining 48.81 points or 1.6 per cent.
Singapore banks rise in mixed day on STI
INVESTORS both in Singapore and the region had to contend with US 10-year Treasury yields hitting a more than two-week high as well as a disappointing factory reading from China - resulting in a mixed session in Asia.
Singapore shares add 0.3% on Tuesday as Asia saw a mixed session
THE Straits Times Index (STI) added 9.38 points or 0.3 per cent to finish at 3,155.71 on Tuesday.
Stimulus, rate-cut hopes barely move STI
LOCAL equities got the week off to a quiet start in a session that saw regional peers lifted by China's stimulus measures and hopes that the US Federal Reserve will lower rates this month.
Singapore shares barely move on Monday
The Straits Times Index (STI) barely moved, adding just 1.85 points or 0.06 per cent to finish at 3,146.33 on Monday.
Central banks could upstage trade as key sentiment driver
THE whipsawing trade relationship between the United States and China was the main driver of market sentiment in the past fortnight. But it could be upstaged by central banks.
EC World Reit bullish on e-commerce
WHILE the rest of the world frets about trade wars and a China slowdown, the chief executive of EC World Reit's manager remains calmly bullish about e-commerce in Asia's largest economy.
STI posts slight losses on Friday but adds 1.2% on the week
MARKETS got increasingly confident as the week progressed due to a de-escalation in the trade dispute between the US and China.
Singapore shares post slight losses on Friday, up 1.2% on the week
THE Straits Times Index (STI) slipped into the red late in the session, bucking the regional trend on Friday, to end the week at 3,144.48, down 2.58 points or 0.1 per cent.
News of US-China October talks lifts market
INVESTOR confidence continued to recover on Thursday after China said both Washington and Beijing will hold trade talks next month.
Charles Schwab to close Singapore office by year's end
LESS than two years after opening its Singapore office, discount broker Charles Schwab has decided to cease operations here at year's end.
Singapore shares continue to post gains, STI adds 0.5% on Thursday
THE Straits Times Index (STI) added 16.49 points or 0.5 per cent to finish at 3,147.06.
Asia markets rise on HK bill withdrawal
WEDNESDAY'S flurry of activity certainly made up for Tuesday's quiet session.
Singapore shares close 1.3% higher after news of Hong Kong extradition bill withdrawal
TRADERS did have economic data from the US and China to digest, but the news that Hong Kong will withdraw its much-criticised extradition bill stole the show, stamping its influence on sentiment, which took on a decidedly risk-on tone.
Trade issues still hogging the spotlight
TRADE issues will continue to remain the central topic dictating market sentiment. But on Tuesday, a lack of developments on the trade front as well as US markets being shut on Monday, made for thinly traded and fairweathered session here.
Singapore shares end 0.25% higher on thinly traded Tuesday session
THE Straits Times Index (STI) hovered around Monday’s closing for most of the session, settling at 3,090.63, up 7.67 points or 0.25 per cent.
Broker's take: Maybank Kim Eng raises 'underappreciated' SIA Engineering to 'buy'
MAYBANK Kim Eng has upgraded its call on SIA Engineering (SIAEC) to "buy" with an unchanged target price of S$2.85, saying shares in the provider of aviation maintenance, repair and overhaul services were trading at attractive valuations.
Packed data calendar but trade issues remain the focus
THE start of the month sees the usual packed data calendar but investors will probably focus on trade developments between the US and China, which have been the main driving factor on sentiment in recent weeks.
STI gains 0.8% to 3,081.83 on late surge
FOR simplicity's sake, it is best to divide Thursday's market performance into two parts, one before and the other after Beijing indicated that it does not intend to react hastily to the past weekend's tariff increase by Washington.