Wuhan virus fears send STI to its first weekly loss of the year
UNDERSTANDABLY, the focal point of market talk this week was on the spread of the Wuhan coronavirus ahead of Chinese New Year.
Singapore shares up on Friday, drop 1.3% on the week
THE STI made steady gains across the session to finish at 3,240.02, adding 5.46 points or 0.2 per cent.
Virus fears continue to unsettle investors
WALL Street turned in a slightly positive showing on Wednesday, thanks to strong earnings by US corporates, but regional equity markets failed to follow suit.
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.
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.
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.
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.
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.
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.
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.
'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".
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.
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.
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.
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.