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FOMC minutes, pennies steer the week's trades

Published Fri, May 20, 2016 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    OVER the course of the week, the Straits Times Index (STI) rose about 30 points or 1.1 per cent to 2,763.82, including Friday's 23.71-point bounce.

    In contrast to most of the past year, when banks provided the main index plays, this week brought plenty of attention to two other members of the STI - Global Logistic Properties and Thai Beverage.

    There was also a brief burst of activity surrounding low-priced speculatives, particularly those central to the penny-stock crash of October 2013, namely Attilan (formerly Asiasons Capital), Blumont and LionGold.

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