Weekly Singapore Stock Market Round Up: STI Faces Headwinds, US Tech Rally Drives Nasdaq Higher

The Smart Investor10-28

[ Share Facebook Twitter LinkedIn Email WhatsApp Singapore’s Straits Times Index (SGX: ^STI) ended the week with a slight decline of 0.3%, closing at 3,593 points. Despite initially ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2478611815?lang=en_US&edition=fundamental","thumbnail":"https://thesmartinvestor.com.sg/wp-content/uploads/2024/08/8-300x200.png","is_english":true,"pubTime":"2024-10-28 07:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2478611815","market":"us","top_or_hot":-1,"title":"Weekly Singapore Stock Market Round Up: STI Faces Headwinds, US Tech Rally Drives Nasdaq Higher","media":"The Smart Investor","content":"<div>\n<p>[\n\n\n\nShare\n\n\nFacebook\n\nTwitter\n\nLinkedIn\n\nEmail\n\nWhatsApp\n\n\n\n\n\nSingapore’s Straits Times Index (SGX: ^STI) ended the week with a slight decline of 0.3%, closing at 3,593 points. Despite initially ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/weekly-singapore-stock-market-round-up-us-tech-rally-drives-nasdaq-higher-sti-faces-headwinds/\">Source Link</a>\n\n</div>\n","source":"thesmartinvestor_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Weekly Singapore Stock Market Round Up: STI Faces Headwinds, US Tech Rally Drives Nasdaq Higher</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWeekly Singapore Stock Market Round Up: STI Faces Headwinds, US Tech Rally Drives Nasdaq Higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-28 07:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/weekly-singapore-stock-market-round-up-us-tech-rally-drives-nasdaq-higher-sti-faces-headwinds/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>[\n\n\n\nShare\n\n\nFacebook\n\nTwitter\n\nLinkedIn\n\nEmail\n\nWhatsApp\n\n\n\n\n\nSingapore’s Straits Times Index (SGX: ^STI) ended the week with a slight decline of 0.3%, closing at 3,593 points. Despite initially ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/weekly-singapore-stock-market-round-up-us-tech-rally-drives-nasdaq-higher-sti-faces-headwinds/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MSFT","symbol_name":"微软","start_time":0,"source_url":"https://thesmartinvestor.com.sg/weekly-singapore-stock-market-round-up-us-tech-rally-drives-nasdaq-higher-sti-faces-headwinds/","article_id":"2478611815","we_media_id":null,"thumbnails":["https://thesmartinvestor.com.sg/wp-content/uploads/2024/08/8-300x200.png"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2478611815","pubTimestamp":1730071970,"columns":[],"sourceInfo":{"source_id":"thesmartinvestor_highlight","name":"The Smart Investor"},"weMediaInfo":null,"summary":"The Straits Times Index (STI) closed slightly lower while the US market saw a mixed performance with tech stocks rallying and the S&P 500 ending lower.","collect":0,"end_time":0,"defaultTopTitle":"thesmartinvestor.com.sg","property":[],"viewcount":null,"language":"en","relate_stocks":{"MSFT":"微软","AAPL":"苹果","SG9999015978.USD":"利安颠覆性创新基金A","BK4077":"互动媒体与服务","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","STI.SI":"富时新加坡海峡指数","LU0106261372.USD":"SCHRODER ISF US LARGE CAP \"A\" ACC","S58.SI":"新翔集团有限公司","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","3NVD.UK":"LS 3X NVIDIA","LU0096364046.USD":"CT (LUX) I AMERICAN \"DU\" (USD) ACC","IE000KEQY171.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) INC","NDAQ":"纳斯达克OMX交易所","QID":"纳指两倍做空ETF","NVDA":"英伟达","D01.SI":"牛奶国际控股有限公司","2NVD.UK":"2X NVIDIA ETP","H78.SI":"置地控股有限公司","IE00B3SWFQ91.USD":"PIMCO BALANCED INCOME AND GROWTH \"E\" (USD) INC","AMZN":"亚马逊","META":"Meta Platforms, Inc.","BK4099":"汽车制造商","TQQQ":"纳指三倍做多ETF","BK4511":"特斯拉概念","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","BK4529":"IDC概念","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","BK6084":"机场服务","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","TSLA":"特斯拉",".IXIC":"NASDAQ Composite","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","N2IU.SI":"丰树商业信托","PSQ":"纳指反向ETF","L":"洛斯公司","QLD":"纳指两倍做多ETF","IE00BZ199S13.USD":"BNY MELLON MOBILITY INNOVATION \"B\" (USD) ACC","BK4576":"AR","GOOG":"谷歌","GOOGL":"谷歌A","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","STI":"Solidion Technology Inc.","SQQQ":"纳指三倍做空ETF","BK4524":"宅经济概念"},"translate_title":"新加坡股市每周综述：STI面临阻力，美国科技股上涨推动纳斯达克走高","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".IXIC":1,"N2IU.SI":1,"NDAQ":1,"H78.SI":1,"STI.SI":1,"STI":1,"S58.SI":1,"D01.SI":1,"GOOGL":0.9,"NVDA":0.9,"TSLA":0.8,"GOOG":0.7,"AMZN":0.7,"AAPL":0.7,"MSFT":0.7,"META":0.7,"TQQQ":0.6,"QID":0.6,"SQQQ":0.6,"PSQ":0.6,"QLD":0.6,"NQmain":0.6,"2NVD.UK":0.6,"3NVD.UK":0.6,"MNQmain":0.6,"L":0.6},"content_text":"[\n\n\n\nShare\n\n\nFacebook\n\nTwitter\n\nLinkedIn\n\nEmail\n\nWhatsApp\n\n\n\n\n\nSingapore’s Straits Times Index (SGX: ^STI) ended the week with a slight decline of 0.3%, closing at 3,593 points. Despite initially weathering the storm of global market uncertainty on Thursday, the index succumbed on Friday.\nIn-flight caterer and ground handler SATS LTD (SGX: S58) continued its strong performance, with shares surging 9.1% on Friday. This level has not been seen since September 2022, making it the most actively traded company in terms of value on Friday morning.\nHowever, Mapletree Pan Asia Commercial Trust’s (SGX: N2IU) share price experienced a 5% decline after reporting weaker-than-expected quarterly results. The REIT saw lower revenue and higher property expenses, resulting in a lower net property income. Net property income declined 8.5% year-on-year. Higher finance costs also led to a drop in DPU.\nDFI Retail Group Holdings Ltd (SGX: D01), the Asian retailer, gained 2.6% to close at US$2.36. However, on October 15th, the stock was the second-biggest loser in the Singapore stock market, declining 1.9% to US$2.10.\nHongkong Land Holdings Ltd (SGX: H78) closed at 3.93 on Friday, 8.18% below its 52-week high of 4.28, set on October 8th, 2024, according to LSEG data.\nAcross the Pacific, the US stock market exhibited a mixed performance. Bloomberg reported that the tech-heavy Nasdaq 100 gained 0.6%, driven by a record-breaking rally in Nvidia (NASDAQ: NVDA), which helped it overtake Apple as the world’s most valuable company. However, the broader S&P 500 ended slightly lower, weighed down by concerns about the banking sector and rising interest rates. Bitcoin also faced headwinds, falling 2% after it was reported that federal investigators are probing cryptocurrency firm Tether.\nTesla (NASDAQ: TSLA) was the first of the Magnificent 7 stocks to report earnings. It did not disappoint with revenue rising 8% year on year to US$25.2 billion, and gross profit coming in at US$5 billion.\nLooking ahead, the upcoming week promises volatility, with five of the Magnificent 7 companies reporting earnings; Alphabet (Nasdaq: GOOG), Microsoft (Nasdaq: MSFT), Apple (Nasdaq: AAPL), Amazon (Nasdaq: AMZN) and Meta (Nasdaq: META). The Federal Reserve’s upcoming meeting will also be a focal point for investors, as potential interest rate decisions could significantly impact market direction. \nJoanna Sng owns shares of SATS, DFI, Nvidia, Alphabet, Microsoft, Apple, Amazon, and Meta.\n\n\n\nYahoo\n]","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2478611815"}