SG Market - Earnings Week for Singapore Banks - STI remains in a healthy uptrend despite recent consolidation, with this week's earnings from DBS, OCB, and UOB expected to set the tone for the market's next move.
Strong results and optimistic guidance could reignite bullish momentum and push the index to fresh highs.
Meanwhile, easing oil prices and resilient global market sentiment continue to provide a supportive backdrop for equities. Investors should watch for a decisive breakout above key resistance levels while maintaining disciplined risk management in the event of earnings related volatility.
SpaceX impressed with surging revenue but sold off on massive capex, while AMD beat estimates but declined on weaker margins. Markets continue rewarding growth with disciplined spending
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