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STI rallies 1.2% on upbeat US GDP, Japan stimulus

Anita Gabriel
Published Fri, Oct 31, 2014 · 09:50 PM

THE local bourse rallied on Friday on a double boost of feel-good news - well-above-trend third- quarter growth numbers from the US, and the Japanese central bank's aggressive move to crank up its monetary stimulus plan to revive the economy.

The benchmark Straits Times Index (STI) jumped nearly 40 points or 1.2 per cent to 3,274.25. The celebratory feel w…

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