Singapore shares began the week in the red, as investors took in news of the Israel-Hamas conflict. While global market reaction remains muted so far following the attack, have markets not fully priced in the risks? Should we expect more volatility on the STI going forward? Who are the biggest gainers and losers following the attack?
On The Afternoon Update, Hongbin Jeong is joined by Candace Li, Research Analyst at the SGX, for a market wrap of the week to discuss the impacts of the Israel-Hamas conflict further.
She also weighs in on how the STI fared in the past week; the biggest movers; as well as several economic news out of Singapore today including GDP numbers and MAS’ latest monetary policy decision.