STI closes 0.4% higher on first trading day of the week
Benchmark up 10.07 points at 2,538.61, despite Singapore's core inflation slipping to a decade low.
Add BT as a preferred source
SINGAPORE shares ended the first trading day of the week in positive territory, edging up by 0.4 per cent or 10.07 points to 2,538.61 as Singapore's latest inflation data and low interest rates sent investors scouring the market for the best deals.
Advancers outnumbered decliners 251 to 191, with 2.38 billion securities worth S$1.1 billion changing hands.
Singapore's core inflation slipped to a decade-low of -0.4 per cent, with the pace of its fall widening from -0.2 per cent in the month before. The official full-year forecasts for both core and all-items inflation remain subdued and in the range of zero to -1 per cent.
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.
