Market inches up in ho-hum session
Observers say investors are in wait-and-see mode, pending leads from the Fed meeting and EU decision on Brexit
Add BT as a preferred sourceLACKING catalysts, the Singapore stock market continued in subdued fashion on Tuesday, though the market managed to close modestly higher, with the Straits Times Index (STI) adding 7.96 points or 0.25 per cent to close at 3,220.92.
Market watchers say that investors will be looking for leads from the mid-week's US Federal Reserve policy meeting and on whether European Union members will grant the UK an extension for Brexit.
Trading on the Singapore bourse clocked in at 789.53 million securities, about 57 per cent of the daily average over the first two months of 2019. However, total turnover came to S$1.01 billion, in line with the January-to-February daily average.
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