Key Indices
Top Stories
Strategy | Monthly Market Radar
- Singapore equities weakened in Oct 26, with the STI falling 5.3% as investors became more sceptical about AI investment returns following Firmus' cancelled IPO. Plantation, shipyards, technology and banking stocks led the declines, while land transport and REITs proved relatively resilient. Key upcoming events include: a) the US midterm elections, b) ASEAN Summit on 16-18 Nov 26, and c) Singapore FinTech Festival on 18-20 Nov 26.
Market Spotlight
- US stocks were mixed on Tuesday. Dow Jones fell and the S&P 500 and Nasdaq rose as the materials, consumer staples and energy sectors fell. There were more decliners than advancers on NYSE.
- The FSSTI fell 34.54 points to 5,269.29, on the back of weakness in DBS and OCBC Bank, with both mid- and small-cap indices falling with a broad market decline on a S$2.14b turnover.
Technical Analysis
Singapore Exchange | SGX SP
Trading Sell Range: S$20.24-20.25
iFAST Corp | IFAST SP
Trading Sell Range: S$7.68-7.69
Top Stories
Strategy | Monthly Market Radar
- Singapore equities weakened in Oct 26, with the STI falling 5.3% as investors became more sceptical about AI investment returns following Firmus' cancelled IPO. Plantation, shipyards, technology and banking stocks led the declines, while land transport and REITs proved relatively resilient. Key upcoming events include: a) the US midterm elections, b) ASEAN Summit on 16-18 Nov 26, and c) Singapore FinTech Festival on 18-20 Nov 26.
Market Spotlight
- US stocks were mixed on Tuesday. Dow Jones fell and the S&P 500 and Nasdaq rose as the materials, consumer staples and energy sectors fell. There were more decliners than advancers on NYSE.
- The FSSTI fell 34.54 points to 5,269.29, on the back of weakness in DBS and OCBC Bank, with both mid- and small-cap indices falling with a broad market decline on a S$2.14b turnover.
Technical Analysis
Singapore Exchange | SGX SP
Trading Sell Range: S$20.24-20.25
iFAST Corp | IFAST SP
Trading Sell Range: S$7.68-7.69
Key Indices
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