Express News | Straits Times Index in Singapore fell by 0.32%, SATS dropped by over 4%.
Express News | Straits Times Index in Singapore fell by 0.29%, YZJ Shipbldg SGD dropped nearly 3%
Express News | Straits Times Index in Singapore closed down 0.65%, jmh usd, dfirg usd fell more than 3%.
Express News | Straits Times Index of Singapore dropped by over 1%, dfirg usd fell by over 4%.
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.