Express News | Straits Times Index in Singapore closed up 1.39%, UOB Bank surged more than 7%
Express News | Straits Times Index rose 0.27%, JMH USD surged over 4%.
Express News | The Straits Times Index in Singapore closed down by 0.03%, while yzj shipbldg sgd rose nearly 2%.
SGX RegCo Sets New Standards in Sustainability Reporting Starting FY2025
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.