STI starts June with modest gain
Benchmark index ends at 3,123.46, up 5.7 points or 0.2 per cent following four straight sessions of losses
FOLLOWING a dour May, the local benchmark index managed to register modest gains in the first trading session of June but trade worries and global growth concerns continue to hang over investor sentiment.
The Straits Times Index (STI) closed at 3,123.46, up 5.7 points or 0.2 per cent following four straight sessions of losses.
"The local benchmark index was noticeably oscillating near neutral throughout the day, with the sector performance mixed," IG market strategist Pan Jingyi observed.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
SocGen Q1 profit slumps less than expected as investment bank surprises
Wall Street Journal moves Asia headquarters from Hong Kong to Singapore
Macquarie sees biggest profit dip in 15 years on commodities downturn
HSBC appoints ex-Citi banker as new Singapore head of global banking
H2G Green chief to stand trial on Aug 5 amid MOM probe
Dasin Retail Trust’s trustee-manager chairman, directors deny allegations of misconduct