STI extends gains for second straight day

This comes on the back of another set of record highs on Wall Street, which is still rallying after the US election result

Published Wed, Nov 23, 2016 · 09:50 PM

Singapore Stocks

WE could get used to this - the benchmark Straits Times Index (STI) extending its gains from the previous day to close higher on Wednesday.

This followed another set of record highs on Wall Street, which extended its post-United States election rally on Tuesday to push the three major indexes to record closing levels a second straight day.

Singapore shares ended the session 17.49 points or 0.69 per cent up at 2,839.69; it had hit an intra-day high of 2,841.39, but retreated.

Turnover was 1.6 billion units worth S$1.2 billion, bringing the number of days that dollar value has topped S$1 billion to about 15 in a row. Excluding warrants there were 2…