Despite unsure Wall St, STI climbs 1.1% over week
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EVEN as worries over France's general elections faded in the early part of the week, there was a ready replacement to keep the market occupied - the Trump administration's tax plans. So far details have been sketchy, with the result that the US and other markets have been unsure of what the next move should be.
On Friday, the Straits Times Index (STI) finished with a 4.08-point gain at 3,175.44, which took its gain for the week to 36 points or 1.1 per cent.
Turnover on Friday, the last trading day of the month, came to two billion units worth S$1.6 billion, the highest since March 31 when S$1.6 billion was also done, both days likely beneficiaries of "window-dressing". Excluding warrants there were 218 rises versus 258 falls.
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