What occurred?
On this week’s Weekly Market Assessment in partnership with Securities Buyers Affiliation Singapore (SIAS), we talk about key developments within the world fairness market and likewise share extra about Nvidia: Watch the video to study extra about what we’re searching for this week.
Weekly Market Assessment
2:08 – Macro Replace
The S&P 500 noticed modest positive factors final week, whereas the Dow Jones elevated by 0.9%, reaching a document excessive. Nasdaq declined by 1%, partly as a result of NVIDIA’s efficiency.There’s a rotation from progress shares into worth shares, represented by the Dow Jones and STI.The US core PCE inflation held regular at 2.6%, matching July’s stage. This knowledge helps expectations for potential Fed rate of interest cuts in September.
5:08 – Singapore market updates
STI Prime performers: SingtelHongkong LandThai BeverageMapletree Pan Asia Industrial BeliefSembcorp Industries STI worst performers: ST EngineeringYangzijiang ShipbuildingGenting SingaporeJardine MathesonDFI Retail Group
6:52
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