Singapore's STI open up on Wall Street rally
SINGAPORE'S Straits Times Index opened at 3,234.49 points, up 14.58 points or 0.45 per cent as at 9.02am after another Wall Street rally over the weekend and the first uptick in private residential property market here.
Gainers outnumbered losers 85 to 39.
DBS Bank, ST Engineering and OCBC Bank were among top gainers.
Dow Jones Industrial Average closed up nearly 24 points, within 0.1 per cent of its record high on Friday, with Goldman Sachs leading the charge.
The Urban Redevelopment Authority flash estimates released on Monday morning showed Singapore's private residential property index increased 0.5 per cent in Q3, the first uptick after 15 consecutive quarters of decline.
KEYWORDS IN THIS ARTICLE
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
China reiterates need for steady yuan amid fragile confidence
Singapore shares climb at Thursday’s open; STI up 0.3%
Stocks to watch: CDL, DFI Retail Group, Cordlife, First Resources
US: Wall Street slips as dour earnings, chip stocks weigh
Europe: Adidas, LVMH steer shares higher on earnings relief
Rebound relief for Asian stocks; STI up 0.3% led by DBS, UOB