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STI ekes out gains amid lack of local catalysts
The index closes 10.18 points up at 3,325.60; Genting Singapore remains the blue-chip index's most traded counter
Add BT as a preferred sourcePublished Tue, Apr 9, 2019 · 09:50 PM
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DESPITE lacking local catalysts, the Singapore benchmark index managed to overturn Monday's dip to eke out gains. On Tuesday, the Straits Times Index (STI) closed 10.18 points or 0.3 per cent up at 3,325.6, with 22 of the 30 blue chips that make up the STI ending in the black.
As a whole, markets in Asia ended mostly higher due to further optimism about Chinese measures to boost economic growth.
The gains on the day came despite concerns about a lacklustre US earnings season and the upcoming Brexit summit.
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