Earnings season sends STI above 3,600 mark

Healthy volumes at CapitaMall Trust, Ascendas Reit; KepCorp slips ahead of earnings news

Annabeth Leow
Published Wed, Jan 24, 2018 · 09:50 PM

CHEERED by traders' faith in Reits, Singapore's benchmark Straits Times Index (STI) breezed past the 3,600 mark at Wednesday's finish to forge on with its four-day winning streak.

The STI closed up 17.16 points, or 0.48 per cent, at 3,609.24, staying at levels not seen in a decade.

CapitaLand Mall Trust, which saw a 2.6 per cent rise in fourth-quarter net property income, added S$0.03, or 1.46 per cent, at S$2.08.