STI inches up in mixed Asian trading
Sentiment weighed down by heavyweight Singtel, which lost 3.9% to close at S$3.19
ONCE again, Singapore stocks ended the day with slight gains, led mainly by the banks even as Asian equities closed mixed.
This comes as data released by the Economic Development Board on Thursday revealed that Singapore's factory output was up in June, beating expectations as industrial production grew 7.4 per cent from the previous year.
The key Straits Times Index (STI) ended up 0.1 per cent or 1.77 points to 3,328.60. Losers outnumbered gainers 203 to 173. Turnover came in at about 1.66 billion shares worth S$1.11 billion, versus 1.59 billion units worth S$1.31 billion from the day before.
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