Singapore stocks reached a 17-year high with stronger than expected economic growth.
There’s been a lot happening in the financial markets lately that caught my attention.
Singapore stocks are on a roll, with the benchmark Straits Times Index (STI) hitting a 17-year high recently.
Several blue-chip stocks, including Singapore banks, have performed exceptionally well this year. We take a closer look at three Singapore blue-chip stocks that recently reached 52-week highs.
Next, Singapore T-bill yields appear to be reversing course. The latest 6-month T-bill yield climbed to 3.08%, rebounding from a low of 2.97% in September.
With the current Singapore Savings Bond (SSB) offering a 10-year average yield of 2.81%, we examine whether it’s better to apply for the current SSB or wait for the next one.
Meanwhile, the recovery in T-bill yields has put pressure on Singapore REITs, which have declined in recent weeks.
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