Summary: The S&P 500 and STI hit new milestones last week, driven by easing tariff concerns and strong US economic data. However, Singapore bond yields continued to decline, impacting industrial stocks while lifting property developer stocks. City Developments and UOL, both property developers, saw their share prices rebound, though they remain undervalued based on price-to-book ratios.

Link: https://growbeansprout.com/weekly-market-review-7-july-2025