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STI adds 0.5% amid quieter volumes

Thursday's modest gains see STI re-challenging 3,200 resistance level

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Published Thu, Feb 7, 2019 · 09:50 PM
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THE days following the Chinese New Year holidays are often positive ones, and on Thursday the Singapore market behaved in that fashion.

The Straits Times Index (STI) closed 16.08 points or 0.5 per cent higher to 3,200.64. The Benchmark index has gained 4.2 per cent since closing at 3,068.76 on Dec 31, 2018.

CMC market strategist Margaret Yang told The Business Times: "The Singapore market had a decent rally on Thursday to re-challenge the 3,200 resistance level."

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