HK Land, banks lift STI to 19-month high
This is despite the Dow futures slipping into the red and a mixed opening for Europe
OUR Monday column suggested traders stick to the Straits Times Index's (STI) components this week because of the likelihood that with the end of quarter looming on Friday, the larger blue chips such as the banks and Jardine stocks might enjoy a spot of window-dressing.
The column also discussed the probability that we could even see buying in anticipation of a Friday push. On Wednesday…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Stocks to watch: Keppel, FCT, Suntec Reit, OUE Reit, Clint, Digital Core Reit, OKP, Cordlife
Suntec Reit Q1 DPU down 13% to S$0.01511 in absence of capital distribution
Ford profit beats on commercial sales; EVs still dragging
WhirlPool is cutting 1,000 jobs as US appliance demand remains stagnant
Anglo American says it received unsolicited buyout proposal from BHP
TSMC says ‘A16’ chipmaking tech to arrive in 2026, setting up showdown with Intel