What happened?
In this week’s Weekly Market Review in partnership with the Securities Investors Association Singapore (SIAS), we discuss the bounce back in global markets, renewed volatility in oil prices following the latest Middle East developments and the latest update on Keppel DC REIT. Watch the video to learn more about what we’re seeing this week.
weekly market review
2:09 – Macro update
Global markets extended their rally last week, with the S&P 500 climbing to a new all-time high above 7,100, while the NASDAQ rose 6.8% to above 24,000, led by technology and semiconductor shares. The STI also remained resilient, rising 0.2% to near the 5,000 level and later nearing its February record high of 5,041 before giving up some gains. Week. Oil prices were highly volatile, falling from US$100 a barrel to below US$90 as sentiment improved on hopes of a US-Iran ceasefire,…
