STI closes flat as factory output plunges
The index closes unchanged at 3,125.81, down just 0.01 point, after spending the final hour of trading teetering in and out of the red
SINGAPORE stocks bucked the regional upward trend on Thursday as negative economic data dampened hopes of a recovery, capping gains in the stock market.
The Straits Times Index closed unchanged at 3,125.81, down just 0.01 point, after spending the final hour of trading teetering in and out of the red.
A dozen, or nearly half, of the index's constituents finished in the red, with the rest of the bourse faring just a little better.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
iFast Q1 net profit surges on ePension unit performance
Suntec Reit Q1 DPU down 13% to S$0.01511 in absence of capital distribution
US: Wall St opens lower as Meta Platforms, economic data weigh