What occurred?
On this week’s Weekly Market Overview in partnership with Securities Buyers Affiliation Singapore (SIAS), we focus on key developments within the world fairness market and in addition share extra about Nvidia: Watch the video to be taught extra about what we’re searching for this week.
Weekly Market Overview
2:08 – Macro Replace
The S&P 500 noticed modest positive aspects final week, whereas the Dow Jones elevated by 0.9%, reaching a report excessive. Nasdaq declined by 1%, partly on account 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
6:52
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