SGX Weekly Review: SATS, Singapore Bank Home Loan Rates and Singapore Retail Sales

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SGX Weekly Review: SATS, Singapore Bank Home Loan Rates and Singapore Retail Sales

smart investor2022-10-08

Welcome to this week’s edition of top stock market highlights where we bring you the latest news and corporate events.Bank home loan ratesThe trio of local banks, namely DBS Group(SGX: D05), United ...

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Comment（61）

Alimama
·2022-10-13
Ok
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VSkemama
·2022-10-09
Good
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3
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Sysy
·2022-10-09
Ok
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3
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- SimonTan91:
  ok
  2022-10-09
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Simonnov
·2022-10-09
Ic
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2
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Dawang
·2022-10-09
Trying to swallow it up, but dunooe can digest anot. Amercian and Europeans workers strike so frequently and many might not look towards SG Inc.
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3
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Kitsonlin
·2022-10-09
Morning
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5
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- JackTL:
  go
  2022-10-09
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- Kitsonlin:
  up
  2022-10-09
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夜行星
·2022-10-09
Good
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1
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- Sysy:
  k
  2022-10-09
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puaychoo
·2022-10-09
Like
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4
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HH浩
·2022-10-09
By raising interest rate, Sing Dollar is also strengthening together with USD
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- Irene104:
  Ok
  2022-10-09
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AlanChong
·2022-10-09
Ok
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SPOT_ON
·2022-10-09
Sell
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2
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Seah CL
·2022-10-09
K
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1
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YJ Lee
·2022-10-09
Ok
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2
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Hayleyxn
·2022-10-09
Ok
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3
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- Hayleyxn:
  ok
  2022-10-09
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Titis
·2022-10-09
SATS is good for long term?
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ericbqlee
·2022-10-09
🙂
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- ArcherWG:
  👌🏻
  2022-10-09
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JBSIEW
·2022-10-09
Wah, increase so mush.
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- SimonChan:
  👍🏻
  2022-10-09
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UTOtrader
·2022-10-09
Comment like follow
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- Milkgonebad:
  k
  2022-10-09
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HF133
·2022-10-09
Oo
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- HF133:
  ok
  2022-10-09
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andrew123
·2022-10-09
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- JBSIEW:
  ok
  2022-10-09
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tenors of between two to five years.Meanwhile, UOB announced that its two-year and three-year fixed-rate home loans bear interest rates of 3.75% and 3.85%, respectively.Not to be outdone, OCBC has revised its two-year fixed rate to 3.5%, up from 2.98% just a fortnight ago.The bank is also re-launching its one-year fixed rate package at 3.35%.With higher rates across the board, homeowners should be prepared to fork out more in interest payments when they refinance their housing loans.Singapore retail salesRetail sales continued to rise in Singapore in August, continuing the trend seen in July.Sales increased 13% year on year in August, slightly lower than the 13.9% year on year chalked up in the previous month.The latest increase did fall below the 15.4% that analysts had expected.The estimated total retail sales value for August came in at S$3.8 billion, of which online sales took up a 12.5% share.Despite the slightly weaker numbers, August’s retail sales still represented a fifth 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