SUBSCRIBERS

Banks give STI a boost in mixed session

Brokers describe sentiment as cautious but generally firm, given that US stocks have been rising

Published Wed, Aug 2, 2017 · 09:50 PM

A quiet session on Wednesday ended with the Straits Times Index rising 10.6 points at 3,348.8, thanks mainly to rises in all three banks. Reaction to Wall Street's fresh all-time high on Tuesday was relatively muted, though this was to be expected since stocks here had already risen on Tuesday in anticipation of the US market rallying that day.

Turnover amounted to a healthy two billion…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here