Singapore shares close mostly higher, albeit with unchanged STI
THE Straits Times Index (STI) on Thursday drifted to a 0.37 of a point rise to 2,828.94. Volume, which has been weak for many weeks remained so at 1.3 billion units worth S$718.1 million, the lowest unit and dollar totals this week. Excluding warrants there were 207 rises versus 131 falls.
There were only few features worth discussing in a session very much like dozens that preceded it. Penny stocks continued to be churned as they have for several months now, interest in blue chips was as soft as it has been for weeks and there was little direction forthcoming from overseas markets - Wall Street rose on Wednesday, but the Dow futures' early fall on Thursday added to the caution, while Hong Kong's 0.8 per cent drop probably didn't help.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Europe: Stoxx 600 falls on banks drag; tech contains losses on ASMI boost
US: Stocks end flat ahead of key inflation data
Hong Kong spot crypto ETFs to start trading next week
Greenback recovers from PMI slump, yen closes in on 155 per dollar
Hong Kong Stock Exchange bids farewell to first woman chair
Asia stocks rise on Wednesday amid Wall Street rally; STI up 0.6%