What happened?
In this week’s Weekly Market Review in partnership with Securities Investors Association Singapore (SIAS), we discuss key developments in the global equity market alongside CapitaLand Ascendas REIT . Watch the video to learn more about what we are looking out for this week.
Weekly Market Review
2:05 – Macro Update
The S&P 500 gained 1.9% to above 5,900, while the STI climbed to around 3,900, both nearing their all-time highs.Trade policy developments were mixed, with early optimism from delayed EU tariffs and blocked US tariffs, followed by setbacks from stalled US-China talks and doubled steel/aluminium tariffs.The US PCE Price Index showed inflation cooling to 0.1% in April, down from 0.5% in February, easing inflation concerns.US 10-year bond yields fell from 4.6% to 4.4%, which boosted market sentiment by lowering borrowing cost concerns.Top STI performers included ST Engineering, SATS, and REITs like Mapletree Logistics Trust and CapitaLand…
