STI rises 0.47%, ends losing streak
However, China, South Korea, Japan close lower amid longest sell-off in 16 years for Asian stocks
THE Singapore market bucked the trend among regional markets to close slightly higher on Wednesday, ending a run of five straight sessions of losses.
The Straits Times Index (STI) advanced 14.74 points, or 0.47 per cent, to end at 3,124.65. It closed at 3,109.91 the day before.
Gainers outnumbered losers 208 to 173 as 1.9 billion shares worth S$1 billion changed hands, compared with Tuesday's 1.5 billion shares worth S$865.6 million.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Chevron's quarterly profit beats estimates
EU toughens rules on Chinese fashion retailer Shein
Keppel prices 70 million euros of floating-rate notes due 2031
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Shareholders raise questions over dividend payout, directors’ salaries at Best World AGM ahead of proposed privatisation
China’s Bank of Communications Q1 profit rises 1.44%