Singapore shares rise 0.9%
THE Singapore stock market finished 0.9 per cent higher on Wednesday, with the benchmark Straits Times Index moving up 25.4 points to 2,840.92.
The blue-chip index rallied as investors awaited news of what is widely expected to be the United States Federal Reserve's first interest rate hike since 2006.
About 945.2 million shares worth S$980.7 million in total changed hands, which worked out to an average unit price of S$1.04 per share.
The most actively traded stock was commodities group Noble, which rose S$0.03 to S$0.420 with 67.6 million shares changing hands. Other actives included New Silkroutes and Golden Agri-Resources.
Gainers outnumbered losers 235 to 160, or about three up for every two down.
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
Oil jumps, equities fall as Iran blasts fan Middle East fears
Tokyo: Nikkei index tumbles 3% in morning trade
Singapore shares open higher on Friday; STI up 0.2%
Stocks to watch: CICT, Seatrium, Keppel DC Reit, UOB
Europe: Industrials boost Stoxx 600 as earnings season rolls in
US: Stocks end mostly lower after volatile session