Singapore's STI holds ground despite overnight US weakness
SINGAPORE shares overcame an overnight decline in the US markets to post a modest gain early Wednesday as the Straits Times Index edged up 0.02 per cent, or 0.75 point, to 3,414.01 as at 9:01am.
Among the most active counters was SIIC Environment Holdings, which rose 2 per cent or 0.3 Singapore cent to 15.3 Singapore cents after announcing an acquisition. K1 Ventures was active but flat at 20.5 Singapore cents.
A total of 30.8 million shares worth S$68.4 million had changed hands as at 9:01am. Losers outnumbered gainers 66 to 53.
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
Swiss-Asia Financial Services fined S$2.5 million for money-laundering rule breaches
Asia: Stocks track another rally on Wall Street as US rate optimism lingers
Singapore shares rise at Tuesday’s open tracking global rally; STI up 0.2%
ETF popularity poised to stay as investors flock to diversification, stability
Stocks to watch: FLCT, Paragon Reit, AA Reit, Lendlease Global Reit, Far East Orchard, SIA
Europe: Shares close at highest in a week; Indra surges