What happened?
In this week's Weekly Market Review in partnership with
Securities Investors Association Singapore (SIAS), we discuss the growing upward trend in the global equity market and also share more about the following:
Mapletree Pan Asia Commercial TrustSeatriumSATS Watch the video to learn more about what we are looking out WMR Cover Slide_3 Jun 2024-1-28.pdf for this week.
Weekly Market Review
2:00 - Macro update
The US Federal Reserve's minutes revealed a reluctance to cut rates due to persistent inflation, leading to a bounce in US bond yields.The core inflation numbers released on Friday were slightly below market expectations, resulting in a slight recovery in the US market.Expectations for Fed rate cuts in 2024 decreased, with a lower probability of multiple cuts, potentially affecting market sentiment moving forward.
2:48 - Singapore market updates
STI Top performers:
Yangzijiang ShipbuildingSeatriumSATSSingtelSGX 
STI Worst performers:
DFI Retail GroupMapletree Logistics TrustJardine...
