Singapore stocks fell this week, with the STI down 1.1% in 4 trading days. The market closed on Thursday for the Deepavali public holiday. investors are still assessing the news of a potential fiscal boost from Beijing, while remaining cautious ahead of U.S. elections next week.In terms of star stocks, SIA fell 0.5%; DBS, OCBC, and UOB fell about 1%; Singtel fell 3.4%; Seatrium and SGX fell 2.1%; Keppel fell 1.7%; Sembcorp fell 5.5%; ST Engineering fell 3.8%; while NIO rose 2.9%; Genting Singapore rose 2.4%; Olam jumped 13%; Hongkong Land surged 14%.Market NewsSGX Starts Trading in BYD, Alibaba, Tencent, HSBC and BOC Via Depository ReceiptsInvestors in Singapore can now gain direct exposure to five mega-cap companies listed in Hong Kong and tap into more opportunities to diversify their po
All Time Highs! Can SG Banks Continue to Outperform SPX This Year?
DBS, OCBC, and UOB all hit all time highs today and then pullback. The three major banks achieve more than 30% gains in 2024. DBS has risen 52% in 2024βcan it maintain this upward trend this year? Are the three major banks the most worthwhile Singapore stocks to buy? What are the best reasons to invest in the three major banks? Can they still outperform S&P 500 in 2025?
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