Are you staying up to date with the latest market trends and developments? Join us in this week’s Weekly Market Review brought to you by the Securities Investors Association Singapore (SIAS). Get ready to dive into the exciting world of global equity markets and learn more about two key players – CapitaLand Integrated Commercial Trust and Frasers Centrepoint Trust.
Let’s explore what’s been going on in the market:
- Macro Update
- The S&P 500 faced a 2.3% decline this week, inching closer to a 10% fall from its recent peak. The selling pressure was widespread, affecting tech and industrial stocks and dragging down the US market.
- While Singapore’s STI had been performing well, it also faced a 2% drop last week, finally succumbing to the global selloff, ending at 3,836 points on Friday.
- The US CPI data revealed a 2.8% increase, slightly lower than expected. Despite this, the markets witnessed a sell-off.
- Consumer sentiment took a hit due to the uncertainty surrounding Trump’s tariffs. Moreover, there was a notable rise in five-year inflation expectations, hitting record highs.
Keep a close eye on the market as we delve deeper into these developments and explore the implications they hold for investors. Stay informed and make well-informed decisions based on the latest market insights. Engage with us in our Weekly Market Review to stay ahead of the curve.
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