STI rebounds 17 points in low volume
Supporting sentiment from June Dow futures - about 25 points in the black - in absence of HK, China direction
WITH Hong Kong and China closed for a public holiday, trade volume in Singapore dwindled to its lowest in two weeks, at 1.4 billion units worth S$743 million.
The Straits Times Index (STI), which dropped 54 points on Thursday and Friday, managed a 16.86-point rebound to 2,835.35, led mainly by Singtel and the banks.
Excluding warrants, the advance-decline score was 200-182.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
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
Microsoft adds security chiefs to product groups in wake of hacking woes
Singapore shares climb at Friday’s open; STI up 0.2%
A timeline of DBS’ recent banking glitches