You are here

STOCKS

STI rebounds in tandem with HK, China

Rise follows confirmation of yuan's inclusion in IMF's SDR basket; turnover amounts to 994m units worth S$1.02b

singaporestocks.jpg

CONCERNS over whether the yuan's inclusion as a reserve currency would spark volatility in equity markets proved unfounded as stocks on Tuesday rose sharply after confirmation that China's currency has indeed been added to the International Monetary Fund's (IMF) Special Drawing Rights (SDR)

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom