Asia stocks end higher on Wall St gains
Straits Times Index up 36.79 points at 3,071.1; gainers outnumber losers 232 to 141
Singapore
STOCKS in Asia ended broadly higher on Wednesday, after a firm handover from Wall Street overnight. Some semblance of stability was restored in the markets after US stocks rallied the most since March, as corporate earnings provided a respite from trade tensions. The Dow and the S&P 500 jumped by more than 2 per cent each, while the Nasdaq surged nearly 3 per cent.
Falling in line with the rest of Asia was the benchmark Straits Times Index which rose 36.79 points, or 1.2 per cent to close the day at 3,071.1, as gainers outnumbered losers 232 to 141. Turnover came in lower though, with 1.12 billi…
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
Cordlife substantial shareholder Nanjing Xinjiekou still mulling over offer to buy over remaining shares
Nvidia agrees to acquire Israeli AI software provider Run:ai
HSBC says growing Chinese wealth fuels client investments in US
Unilever's India quarterly profit disappoints
US: Wall St opens higher on tech boost, upbeat earnings
GM CEO Barra compensation fell 4% in 2023 to US$27.8 million