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Property, banking stocks help lift STI
Straits Times Index rise 0.81 per cent or 25.44 points to 3,183.51 while most Asian stocks finish lower
Add BT as a preferred sourcePublished Thu, Jan 10, 2019 · 09:50 PM
Most Asian stocks pointed lower on Thursday as the rally from US-China trade talk hopes faded, but Singapore stocks bucked the trend.
The Straits Times Index (STI) rose 0.81 per cent or 25.44 points to 3,183.51. Advancers outpaced decliners 229 to 146, as the bourse saw turnover of 1.3 billion shares worth S$1.11 billion.
Property and banking stocks did much of the heavy lifting. CapitaLand and City Developments led gains in the property sector. CapitaLand added 2.51 per cent to S$3.27, while City Developments put on 1.64 per cent to S$8.70.
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