Singapore shares fall 0.6% as Wuhan virus fears rattle investors

THE STI  was mired in the red, closing at 3,234.56 on Thursday, after giving up 19.37 points or 0.6 per cent.

STOCKS

Wuhan virus puts medical plays in spotlight

WITH the outbreak of the Wuhan coronavirus evoking memories of 2003's Sars epidemic, investors are looking to pick Singapore-listed medical plays as regional benchmarks recovered from Tuesday's sell-off.

Singapore shares post 0.2% recovery after sell-off on China virus fears

THE outbreak of a new coronavirus originating in Wuhan evoked memories of 2003's Sars epidemic, sending Asia's markets lower on Tuesday but they staged a recovery the following day after Chinese officials stepped up containment efforts, easing worries.

What the hype: Pumped up kicks and the sneaker resale market

On New Year’s eve, a sneaker collaboration with German sportswear giant Adidas and gamer Tyler “Ninja” Blevins was released online to much fanfare, selling out in under an hour.

STOCKS

STI dips, bucking regional trend

WITH investors looking to Wednesday's signing of the US-China "Phase One" trade deal in Washington, Asian markets had a calm start to the week despite some market participants offloading positions ahead of the US corporate earnings season.

Singapore shares dip 0.2% ahead of US-China 'Phase One' deal signing

THE Straits Times Index ended at 3,251.07, a dip of 4.88 points or 0.15 per cent.
 

Making the most of data

IN the past, the use of data was often viewed as a "nice-to-have" rather than a "must-have" in corporate decision-making.

STOCKS

Asia markets put behind US-Iran tension

THE US airstrike on Jan 3 that killed prominent Iranian general Qasem Soleimani made the relationship between Teheran and Washington the focal point of market chatter going into the week.

Singapore shares rise on Friday, gain 0.5% on the week

THE Straits Times Index made steady gains across the session to finish at 3,255.95, adding 8.47 points or 0.3 per cent.
 

STOCKS

STI little moved as Gulf tension cools

HEIGHTENED fear over a broader US-Iran conflict ended as quickly as it began and with that, optimism returned to Asian markets.

Large stimulus likely in Singapore Budget: HSBC

ECONOMIC growth in Singapore is likely to remain subdued in 2020 and this could be the impetus for a fiscal stimulus package that may be the largest in a decade, according to HSBC Private Bank.

Singapore shares end flat on Thursday amid easing tensions

THE STI closed at 3,247.48, down 1.59 points or 0.05 per cent.

Fiscal impulse in Singapore Budget may hit decade-high of 1.9% of GDP: HSBC

WHILE recovering, economic growth in Singapore is likely to remain subdued in 2020, which HSBC Private Bank has said could contribute to a fiscal stimulus package that may be the largest in a decade.

STOCKS

STI claws back early loss sparked by Iran attack

IRAN'S early Wednesday attack on two US bases in Iraq came as a surprise to investors, most of whom expected a covert response from Tehran.

IRAN ATTACK

Gold makes best hedge amid US-Iran flare-up, strategists say

IRAN'S retaliation for the death of its top Iranian commander was swift, but somewhat underwhelming to many quarters. Consequently, markets opened in the red but clawed back losses.

Singapore shares stage recovery, dip 0.1% on Wednesday

THE Straits Times Index fell by as much as 1.3 per cent shortly after the trading commenced before recovering most of those losses as fears eased to end the session at 3,245.89, down 1.97 points or 0.06 per cent.

STOCKS

Markets rise as US-Iran worries recede

The dips in equity markets in the absence of an immediate Iran retaliation represent better levels to get long, said Oanda analyst Jeffrey Halley.

'Dividend aristocrats', EM bonds key strategies in 2020 for conservative investors: BNP Paribas

WITH bond yields depressed and a moderate earnings recovery expected in 2020, BNP Paribas is advising conservative investors, who tend to allocate a bigger proportion of their portfolio to fixed income than equities, to accumulate "dividend aristocrats".

Singapore shares post strong recovery, gain 0.9% on Tuesday

THE blue-chip index closed at 3,247.86, after an advance of 29.00 points or 0.9 per cent.
 

STOCKS

Nervy markets flip risk-averse switch on

LAST year may have ended positively on optimism over a global economic recovery, but investors have since tossed the euphoria aside, with confidence in markets having been shaken since last Friday on rising US-Iran tensions.

Singapore shares fall 0.6% amid rising US-Iran tensions

WITH investors turning risk averse, Singapore’s Straits Times Index (STI) closed at 3,218.86, down 19.96 points or 0.6 per cent.
 

STOCKS

US-Iran tensions to drive market sentiment

INVESTORS headed into the new year confident on the back of a broad trade deal between the US and China may be rattled by escalating tensions in the Middle East after a US airstrike killed a top Iranian commander in Baghdad.

STOCKS

US-Iran tensions derail New Year rally

ASIAN equities were on track for a strong closing to the week after a buoyant Thursday session on Wall Street where stocks in Apple, Alphabet and Nike all hit new highs.

Singapore shares drop on Friday but rise 0.4% on the week

THE Straits Times Index (STI) was trading as much as 0.5 per cent higher before retracking to close the week at 3,238.82, dipping 13.18 points or 0.4 per cent.

STOCKS

STI clocks a strong start to 2020

The region's other manufacturing data releases have actually quietly outperformed, implying some confidence was returning, said Oanda's Jeffrey Halley.