STOCKS
·
SUBSCRIBERS

Singapore stocks rebound amid losses on Asian bourses; STI up 1.5%

Local banks among top gainers, while Genting Singapore finishes at bottom of blue-chip index.

Jude Chan
Published Wed, Mar 9, 2022 · 09:50 PM

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

THE Straits Times Index (STI) reversed from losses earlier in the week to close 1.5 per cent or 46.52 points higher at 3,195.38 points on Wednesday (Mar 9).

In the wider Singapore market, gainers outnumbered losers 303 to 224, with 1.6 billion shares worth S$1.54 billion changing hands.

The rebound came even as most key Asian markets continued to see losses amid rising oil prices.

Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

Copyright SPH Media. All rights reserved.