Total AssetsDespite volatility in regional chip stocks, the Singapore stock market remains resilient, approaching historical highs, with local bank stocks being the main driving force. Coupled with the simultaneous push from several blue-chip stocks such as Singapore Airlines and ST Engineering, the next wave of correction is expected to take some time.
☕️ [Task Coins Giveaway] Daily Market Talk — Chips Break Ranks as Inflation Cools
Inflation cooled again and the market pushed higher, but the AI trade split apart. Big Tech and Apple (a new record) led the S&P up, while memory chips got dumped: SK Hynix -9%, Micron -8%. Add SpaceX...
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