Singapore shares inched 0.55% higher this week as Fed signals slower pace of rate cuts. Fed Chair Jerome Powell said on Thursday the central bank did not need to rush to lower interest rates due to ongoing economic growth, a solid job market and inflation that remains above its 2% target.In terms of star stocks, Riverstone jumped 10.99%; Frasers Property gained 3.37%.Market NewsSingTel sees improved full-year growth as half-year profit risesSingapore Telecommunications posted a 6% rise in underlying net profit for the half-year and gave improved guidance for the full year on Wednesday, underpinned by strength at its Australia unit Optus and technology services business NCS.Southeast Asia's largest telecoms provider also said it expects its earnings before interest and tax (EBIT) to grow at

Market SnapshotSingapore stocks opened higher on Thursday. STI rose 0.4%; SIA and UOB rose 0.5%; DBS and OCBC rose 0.4%; Seatrium and SGX rose 0.5%; Sats rose 1.3%; Nio fell 4.8%.Stocks to Watch$SGX(S68.SI)$: Total securities market turnover value on the bourse increased 75 per cent year on year to S$30.38 billion in September, marking a 5.6 per cent increase from August’s S$28.76 billion. The growth in securities trading activity comes amid easing monetary policies and China’s stimulus package, which fuelled optimism and portfolio repositioning. Shares of SGX closed 1.8 per cent or S$0.21 higher at S$11.61 on Wednesday.$Metro(M01.SI)$: The department-store operator has acquired a freehold prime offic

Market SnapshotSingapore stocks opened higher on Tuesday. STI up 0.2%; Sembcorp up 1.7%; Seatrium up 1.6%.Stocks to Watch$SEMBCORP INDUSTRIES LTD(U96.SI)$: The energy and urban development company on Monday joined the Dow Jones Sustainability Index as the sole new entrant from Singapore. This came as part of S&P Dow Jones Indices’ annual review of its Dow Jones Sustainability Indices which are grouped by themes, including Asia-Pacific and emerging markets. Shares of Sembcorp closed S$0.01 or 0.2 per cent higher at S$5.35, before the news. $F & N(F99.SI)$: Its board chairman Charoen Sirivadhanabhakdi, 80, will retire from office on Jan 16, 2025, announced the group on Tuesday. He will be a

Singapore shares rallied this week, with the $STI(STI.SI)$ up 4.75% in the last five trading days. The stock market reacted positively to the results of US presidential elections.Trump was elected the 47th President of the US, four years after he was voted out of the White House. International investors are confident that Trump's stance on industrial policy, tax cuts, and trade tariffs will fuel growth in the US and benefit equities.Market News$Singapore Airlines(C6L.SI)$' Half-Year Profit Nearly Halves on Rising CostsSingapore Airlines (SIA) reported a half-year profit on Friday that nearly halved year-on-year, reflecting intensifying market competition coupled with higher fuel costs and expenses.Air

Shares of Oversea-Chinese Banking Corp. (OCBC) reached a new all-time high, driven by strong performance in its wealth management division, analysts noted.OCBC's stock rose by as much as 0.6%, surpassing its previous peak from over two weeks ago. While the bank has lagged behind Singapore’s benchmark Straits Times Index and its largest peer, DBS Group Holdings Ltd., year-to-date, it has outperformed both since early November.Macquarie Capital’s Head of ASEAN Equity Research, Jayden Vantarakis, attributed OCBC’s share strength to "exceptional performance in its wealth management business and the potential for higher dividends in 2026." He added, "We see room for the stock to narrow its gap with DBS."Singaporean equities have hit record levels this year amid an influx of liquidity, as invest

Market SnapshotSingapore stocks opened lower on Monday. STI fell 0.3%; Japfa rose 16%; Thomson Medical fell 6%; SingPost and Keppel fell nearly 1%.Stocks to Watch$Keppel(BN4.SI)$: The company was granted a license by the US to build a 20,000 km subsea cable system linking Singapore to the US. Keppel on Friday said it is co-developing the Bifrost Cable System with Edge Cable Holdings USA and Telekomunikasi Indonesia International. Keppel chief executive officer Loh Chin Hua said the successful deployment of Bifrost, expected to be ready for commercial service in the second half of this year, is set to “generate attractive returns” for Keppel and its private-fund co-investors. Shares of Keppel closed 1.6 per cent or S$0.11 higher at S$6.81 on Frid