Market Review and Trends
Weekly Review with SIAS: OCBC’s offer for Great Eastern in focus
By Beansprout  •  June 18, 2024
We share about OCBC's offer for Great Eastern, as well as Keppel Infrastructure Trust's prospects in the latest Weekly Market Review. We share about OCBC's offer for Great Eastern, as well as Keppel Infrastructure Trust's prospects in the latest Weekly Market Review. 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:
  • OCBC's offer for Great Eastern
  • Keppel Infrastructure Trust
Watch the video to learn more about what we are looking out  for this week. Weekly Market Review 1:41 - Macro Update US stocks saw a positive week, with the S&P 500 reaching a record high above 5400 after a 1.6% gain. Tech stocks led the gains, with NASDAQ up 3.2%, while the Dow Jones was down 0.5%. The STI had slight losses, now below 3300, missing out on the S&P 500 rally.The key news was the CPI data, indicating US inflation trends. May's CPI data was below market expectations, with core CPI declining from above 5% last year to 3.4% in May 2024.US bond yields...
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By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.
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