Singapore market bucks regional trend to rise
Bright spots in corporate earnings help lift Straits Times Index to 3,262.69, up 0.43 per cent or 14.06 points
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
MOST stock markets in the region traded flat or lower on Wednesday as investors waited for more developments on US-China trade talks, but Singapore bucked the trend, boosted by some bright spots in corporate earnings.
Local shares rose for a third straight session, with the Straits Times Index closing at 3,262.69, higher by 0.43 per cent or 14.06 points.
About 1.71 billion securities worth S$1.4 billion changed hands. Advancers edged out decliners 209 to 177, led by financials and industrial companies.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
