SUBSCRIBERS

STI little moved after Wall Street's surge

Asian session on Friday might be quieter still, with the US market closed on Thursday for a public holiday

Published Thu, Jul 4, 2019 · 09:50 PM

WEAK US economic indicators strengthened the case for the US Federal Reserve to reduce borrowing costs, sending Wall Street to post a record performance on Wednesday.

However, its effect was limited on the local benchmark.

The Straits Times Index (STI) finished 4.45 points or 0.1 per cent higher at 3,372.25.

Copyright SPH Media. All rights reserved.