Stocks

Steady trading across asset classes as SGX securities turnover rises 6% in April

Strong retail participation in small and mid-caps, growing open interest in key derivatives drive the increase

By striking these deals, Sam Altman widens the group of companies and investors with a vested interest in helping OpenAI succeed.

Chipmaker Cerebras joins OpenAI’s inner circle – for a price

Launching into the magic of the Altman-osphere could prove to be quite a windfall

The Business Times looks at what is fuelling the surge in these tiny tech counters, and whether the momentum can last.
BT EXPLAINS

These little-known SGX tech stocks are beating the market. What’s driving them up? 

Avi-tech shares were up 5.4%, while Asti shares rose 100% in the space of a week

Stock-index futures for Wall Street gauges rose more than 2.5%, and European contracts surged 5.3%.

Stocks and bonds jump as oil’s plunge lifts mood

For the cross-asset relief rally to hold, traders will need confirmation that the ceasefire will last, analysts say

Regulators like the Singapore Exchange and investor rights groups have recently started urging companies to provide forward guidance, as long as these are made in good faith and are not misleading.
THE BOTTOM LINE

Time for AGMs to be more forward-looking

A forward-looking approach to the annual general meeting helps instil shareholder confidence

Attention remains firmly on energy prices and the closure of the Strait of Hormuz, a waterway crucial for the flow of oil from the Middle East.

Stocks rise, oil pares gain after report of ceasefire talks between US, Iran

STOCKS rose and crude oil pared gains on Monday (Apr 6) as investors cautiously returned to equities, encouraged by indications the Iran-US conflict may be contained.

The combined moves have put a traditional “60-40” portfolio of 60% equities and 40% bonds on track for the worst month since September 2022.

Iran shock leaves investors ‘nowhere to hide’ as stocks and bonds slump

Even gold has tumbled as investors rush to liquidate previously winning trades

While the theoretical S&P 500 grew US$1 into US$333 between 1926 and 1986, a realistic mutual fund return for that same period would have been only US$137.
INSIGHTS FROM CFA SOCIETY SINGAPORE

Your portfolio isn’t a century-old magical compounding machine

The lived experience of real-world investors is a gauntlet of taxes, fees and the need to spend money

When someone does actually sound the alarm over a legitimate threat to our well-being from AI, nobody will hear it since we might have collectively tuned out by then.
THINKING ALOUD

If everything is an AI crisis, then nothing is

Beware the absurd tyranny of what-if scenarios

Iran accounts for about 2% of global oil output and the Strait of Hormuz facilitates 31% of the Middle East’s crude exports.

From ST Engineering, SIA to shipping: What stands to gain or lose from the Iran conflict?

Investors are differentiating between sectors facing immediate operational headwinds and those finding structural support in the flight to safety