STI inches up ahead of Fed policy meeting
Sembmarine shows signs of stabilising; IEV jumps on proposed sale of main operating unit.
LOCAL market sentiment was somewhat more positive on Tuesday after US stocks had a firm overnight close.
But investors were not throwing caution to the wind, as well-known companies like Singapore Airlines and United Overseas Bank made headlines for their efforts to cap staff costs.
The benchmark Straits Times Index ended the day just 3.28 points or 0.13 per cent higher at 2,485.83.
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
Companies & Markets
Kraft Heinz misses sales estimates as higher prices deter customers
Marriott boosts full-year profit view after mixed Q1 results
J&J advances US$6.48 billion settlement of talc cancer lawsuits
US holds quarterly debt sale steady, starts buybacks this month
US dollar nears six-month high after pre-Fed data shock, yen steady
KFC parent Yum reports surprise drop in global same-store sales on weak demand