Oil prices

Geopolitical tensions, Volatility in chip stocks, and the IPO boom - Claressa Monteiro gets this week’s market signals from Vikas Pershad from M&G Investments.

Iran has told Houthi allies to be prepared to close the Red Sea oil route if the US strikes Iranian power infrastructure

Crude has soared to its highest in about a month, as escalations in the Iran war revive concerns over flows from the energy-rich region

Investors assess whether strong earnings can sustain the AI rally after sharp swings in semiconductor stocks

The government could spend up to RM40 billion (US$9.83 billion) on fuel subsidies this year

Brent closed at its highest since Jun 12 and WTI at its highest since Jun 15

Oil prices are now at their highest since the two countries signed a MOU to end the war on Jun 17

Six vessels transited the strait on Jul 12, the lowest number in five weeks

Geopolitical tensions, AI volatility, and yen intervention risk - Claressa Monteiro gets this week’s market signals from Raisah Rasid from JP Morgan Asset Management.