SUBSCRIBERS
Expectations of strong earnings power STI past 3,500 points
The market last traded above 3,500 briefly in April 2015 and in 2007; the three local banks are the star performers
Published Thu, Jan 4, 2018 · 09:50 PM
Singapore
POWERED by expectations of higher corporate earnings, Singapore's benchmark Straits Times Index (STI) has returned to rarefied levels of more than 3,500 points.
Thursday's close of 3,501.16 points means the STI has added nearly 100 points in the first three days of the year.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Shareholders raise questions over dividend payout, directors’ salaries at Best World AGM ahead of proposed privatisation
China’s Bank of Communications Q1 profit rises 1.44%
Huawei’s smart car tech offers automakers route to China sales
Electrolux Q1 loss nearly triples on weak demand but beats expectations
DigitalBridge-backed Vantage said to weigh Hong Kong data centres sale
Vietnam delays launch of new stock trading system