- Driven by a strong performance from the banks sector, the STI was up 1.0% m-o-m in Feb 25, beating our Singapore Stock Alpha Picks (February 2025) portfolio on an equal-weighted basis which fell 3.9% m-o-m.
- - Read this at SGinvestors.io -
Market review.
- Global markets were lower in Feb 25 due to souring investor sentiment as mounting concerns over slowing economic growth, rising geopolitical tensions and uncertainty over the impact of US-led trade tariffs drove markets sharply lower in the latter part of the month.
- With increased expectations that the US Fed would keep interest rates steady, banks continued their strong momentum into Feb 25, pushing the heavily bank-weighted STI higher by 1.0% m-o-m.
Beaten by the STI.
- - Read this at SGinvestors.io -
Reviewing our picks for February 25.
- Read more at SGinvestors.io.
