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Biggest rally in a month for S'pore shares

STI climbs 0.9 per cent, moving up 25.4 points to 2,840.92 on the back of gains in property counters and banks

Published Wed, Dec 16, 2015 · 09:50 PM

INVESTORS might finally be able to stop holding their breath. As global markets prepped themselves on Wednesday for a possible and long-anticipated rate hike in the world's largest economy, Singapore stocks staged their biggest rally in nearly a month, reversing a downward trend that had set in early last week.

The benchmark Straits Times Index (STI) climbed 0.9 per cent, movi…

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