Singapore stock market investors would remember 2019 as a year of volatility on the back of US-China trade tensions, fear of recession due to the inverted yield curve, cutting of US interest rates, and protests in Hong Kong.
Despite all that, in 2019, the Straits Times Index went north by 5.02% to 3,222.8 points; but the ride up wasn’t smooth. It was one littered with many ups-and-downs, as seen from the chart below:
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