No Data
Express News | Straits Times Index in Singapore fell by 0.32%, SATS dropped by over 4%.
Express News | FTSE Straits Times Index rose by 0.28%. Among the constituents, hongkongland usd rose by nearly 5%, dfirg usd rose by over 4%, yzj shipbldg sgd rose by over 2%; keppel investment, sats fell by nearly 2%.
Express News | Straits Times Index rose by 0.33%, Sia increased by more than 2%.
Express News | The Straits Times Index in Singapore closed down by 0.03%, while yzj shipbldg sgd rose nearly 2%.
Express News | Singapore stock market opened slightly higher, with the FTSE Singapore Straits Index up 0.16%.
The chain reaction of the Fed's interest rate cut: small cap stocks are highly favored.
Many smaller AI sector stocks in the Asian market are relatively few, so their valuations are not expensive; coupled with the dovish turn of the Federal Reserve, which has pushed up the currencies of these Asian countries, some central banks have room to lower interest rates and implement loose policies to support economic growth.