Weekly Market Report (1/9-1/13 2023)
Here's what happened during the week of Jan. 09 to Jan. 13.
● Singapore’s Unemployment Rates Stay Low in November
● U.S. Inflation Falls for 6th Straight Month.
● TSMC Reports Record Net Profit and Revenue on Chip Demand
● U.S. Inflation Falls for 6th Straight Month.
● TSMC Reports Record Net Profit and Revenue on Chip Demand
🌟 SG MARKET HIGHLIGHTS
Singapore Property Investment Sales Drop in Q4
CBRE's data showed that preliminary real estate investment sales declined 55.6 per cent qoq to S$3.2 billion in Q4, with sharp falls in retail and residential asset sales.
Although investor sentiment softened over the second half of 2022, full-year investment sales came in at about S$30.3 billion, or a 9.8 per cent rise year on year (yoy), driven by strong sales in the first half of 2022.
>> Read More
Singapore’s Unemployment Rates Stay Low in November
>> Read More
Singapore’s Unemployment Rates Stay Low in November
Singapore's unemployment rates dipped slightly in November and held steady at around pre-pandemic levels, according to the latest figures from the Ministry of Manpower (MOM) on Monday (Jan 9).
The overall unemployment rate nudged down slightly to 1.9 per cent, from 2 per cent in October.
>> Read More
>> Read More
🌟 US MARKET HIGHLIGHTS
U.S. Market Pessimism Falls to a 10-Week Low
U.S. Market Pessimism Falls to a 10-Week Low
Bullish sentiment, expectations that stock prices will rise over the next six months, rose 3.5 percentage points to 24.0%.
Neutral sentiment, expectations that stock prices will stay essentially unchanged over the next six months, fell 1.5 percentage points to 36.0%.
Bearish sentiment, expectations that stock prices will fall over the next six months, fell 2.1 percentage points to 39.9%.
Consumer prices rose at a 6.5% annual pace in December, marking a sizable deceleration from November and notching the sixth straight month of slowing inflation.
Economists had expected prices to stay flat in December and slow to a 6.5% annual pace from the previous month’s 7.1%.
>> Read More
>> Read More
TSMC Reports Record Net Profit and Revenue on Chip Demand
$Taiwan Semiconductor(TSM.US)$ said Thursday that fourth-quarter net profit rose to a new record thanks to growing demand for high-speed computing and better margins.
The company's operating profit margin improved by 10.3 percentage points from a year earlier to 52.0% in the fourth quarter.
>> Read More
Bed Bath & Beyond Warned of Bankruptcy and Its Stock Soared
>> Read More
Bed Bath & Beyond Warned of Bankruptcy and Its Stock Soared
The company's management said in a Securities and Exchange Commission filing last week that it was considering filing for bankruptcy.
$Bed Bath & Beyond Inc(BBBY.US)$ rose 69%, to US$3.49 a share, in Wednesday trading, which brings this week's gains to 166%.
Bankruptcy generally plays out poorly for stockholders. One possible explanation for Bed Bath's sudden surge is another wave of meme stock enthusiasm.
>> Read More
>> Read More
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
Moomoo Learn Official Account
Sharing practical trading tutorials and opportunities to help you evolve into advanced investors!
5750Followers
502Following
11KVisitors
Follow