UOB
Total AssetsJul 29 at 11:19 PM
The Straits Times Index in Singapore has seen its best month since November 2020, with July gains of approximately 8.6%, led by DBS Group and Oversea-Chinese Banking Corporation.
While US stock chip and storage sectors experienced strong volatility, surrounding Asian markets were even more brutal, but the Singapore market quietly became a safe haven for capital risk in the Asia-Pacific region.
This is exactly where the charm of the growth of the Singapore stock market lies in recent years.
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