What just happened? Alright, gather ’round folks, because this week’s market tales are a mixed bag of thrills and spills — like a rollercoaster, but with numbers and fancier words.
So, here’s the scoop. We’re diving into the wild world of equity markets with a nod to our amigos at the Securities Investors Association Singapore (SIAS). We’re talking deep dives into the mysterious lands of Mapletree Logistics Trust, Frasers Logistics and Commercial Trust, and yes, the one and only CapitaLand China Trust. Man, that’s a mouthful. You feeling the excitement yet? Nah, me neither.
But hang on. There’s a video. Yep, an actual moving picture show that’ll give you the lowdown on what we’re eyeballing this week. Yay, visual learners unite!
Now, onto our dear friend, the Weekly Market Review — let’s get crackin’.
2:30 and counting — Macro Update, baby!
So, we’ve got a 90-day tariff breather (nope, not for China, they’re not invited to this party) and some other mysterious exemptions lifting the mood. Markets are throwing confetti, or in financial terms, enjoying “relief rallies.” It’s like taking a chill pill and finally finding out there’s cake in the breakroom.
Speaking of calming down, March’s core CPI is cruising along at a sweet 0.1% increase. Everyone’s breathing easier, investors are grinning, and maybe even laughing at those inflation ghost stories. Meanwhile, Wall Street’s tech playground, the Nasdaq, went bananas — shooting up 7.3% for the week and somehow finding magic beans on Wednesday with a 12% joyous leap. Who knew optimism ran on JavaScript?
But not everything’s rainbows and unicorns. Consumer sentiment took a nosedive, plunging lower than my mood on a Monday morning — lowest since 2022, blame it on tariff spooks. We’ve got U.S. government bond yields going up, up, and away, hinting at a bizarre sell-off amid recession whispers. Awkward much?
Now, onto Logistics REITs — not having the best ever, what with the likes of Mapletree Logistics Trust tanking 18% — wounded by trade outlook angst and those rising bond yields snatching away attention like a flashy distracting new thing.
Forget about doom and gloom, though, because STI is showing up with its top dawgs: ST Engineering, Singtel, SGX, and Sembcorp Industries. Frasers are in the mix too.
And there we have it. Not pretty, not polished, but that’s the beauty of it — raw and chaotic, much like life. Catch the video if you dare, maybe grab some popcorn. Markets, mysteries, and mayhem await!
