Singapore equities end higher on back of solid global economic growth
DeeperDive is a beta AI feature. Refer to full articles for the facts.
SINGAPORE shares ended Wednesday's session on an upbeat note, lifted by the optimism driven by strong global economic growth.
The benchmark Straits Times Index (STI) added 17.53 points or 0.52 per cent to close at 3,391.61 - the highest in over two years.
Some 2.5 billion shares worth S$1.5 billion changed hands, averaging out to be S$0.60 a unit. Trading was firm, with gainers beating losers 305 to 158, excluding warrants.
Among the heavyweights that lifted the index were the banking stocks and shares of Keppel Corp, while some of the Jardine group of companies chalked up losses.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Aiming at China, Malaysia puts new restrictions on electric cars
Singapore tightens monetary policy for first time since 2022, raises inflation forecasts amid Iran war oil shock
Mustafa Centre begins fit-out at JB’s Capital City Mall after 2-year delay