Straits Times Index

STI tracks overnight Wall Street declines as it slides 0.5%

Across the broader market, decliners beat gainers 365 to 228, with 1.6 billion securities worth about S$2.1 billion changing hands

The US dollar weakened as much as 1.8 per cent against major currencies this week.

Intervention, Inflation and the STI

The US dollar is sliding, gold is near US$5,600 and Singapore’s STI is nearing 5,000 points. SGX’s Geoff Howie explains what’s driving the market.

With global funds and developed-market funds still maintaining light positions in Singapore stocks, JPMorgan analysts believe that inflows "have room to increase".
BROKERS’ TAKE

STI could hit as high as 6,500 on extended rally, says JPMorgan, giving its top picks

Small and mid-cap stocks could ‘stage a catch-up rally’ amid ‘strong catalysts’

Gains on the STI come ahead of the US Federal Reserve’s two-day meeting this week, when the central bank is expected to hold interest rates steady and halt its rate-cutting cycle.

STI breaks 4,900 amid expectations for Fed to hold rates steady

The benchmark index closes at a record high as DBS and OCBC notched gains of at least 1%

Leading the decliners on the STI is UOB, which is down 2.5% or S$1 at S$38.50.

Banking trio ends lower, weighing on STI

Across the broader market, decliners outnumber gainers 310 to 259 after 1.6 billion securities worth S$1.7 billion change hands

Across the broader market, gainers outnumber losers 345 to 213, after 1.3 billion securities worth S$2 billion change hands.

Singapore stocks track global rally; STI up 1.3% after hitting new high

Gains are led by UOB, which jumped 5%, and OCBC, which was up 3.4%

Singapore banks are poised to benefit from wealth asset management inflows, given the city-state's "safe-haven" status, says one analyst.
HOT STOCK

UOB soars 5% as OCBC jumps 3.4%; record highs drive STI to all-time peak

This comes as analysts raise their target prices for both lenders

Across the broader market, gainers outnumber losers 342 to 240 after 1.9 billion securities worth S$1.9 billion change hands.

Singapore stocks rise as Trump softens Greenland stance; STI up 0.4%

The iEdge Singapore Next 50 Index, meanwhile, loses 0.1% or 1.02 points to close at 1,483.97