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  The SMI is down by 0.84% to 10,169.41, and FTSE Singapore is down by 0.00% to 340.97, while STI is down by 1.1% to 3,227.80 on Tuesday. On Tuesday Dufry rose more than 4% and Outperformed SMI. Dufry comments that their pent-up tourism demand has increased around the world.  The Singapore stock market has replaced between positive and negative finishes over the past five trading days since the end of the two trading sessions in which it had tumbled almost 25 pts or 0.8 percent, the straits times index now reset just above 3,260 points although it figures to south head again on Friday. The European and US markets were down and the Asian Market follow that lead, according to global forecasters Asian market is negative about recession fears and concerned over the result of interest rate For the day, the index rose 0.04% to end up at 3,263.07 after trading between 3,243.46 and 3,266.64 and the volume is around 1 billion shares worth 1.09 billion Singapore dollars. there were alm...

  Last year global stocks had their worst year since 2008. World  stock market  capitalization fell nearly 20% which, in recent history, was only eclipsed by the near 50% drop in 2008. However, it should be remembered that the decline followed unprecedented levels of fiscal stimulus from governments and years of low-interest rates from central banks. STOCKS TO FALL FURTHER IN 2023 H1? According to a Bloomberg News survey of 134 fund managers, investors are expecting a 10% rebound in global  equities  for 2023. However, around half of those investors saw a deep recession as a concern and that high inflation could hurt stocks again. Remember that global inflation is above 8% right now. Read More