STI rises on Tuesday amid mixed regional performance
STIcloses up 1.2% or 54.07 points at 4,542.20 while the iEdge Singapore Next 50 Index rises 0.5% or 7.11 points to 1,456.04
[SINGAPORE] The Straits Times Index (STI) closed up on Tuesday (Nov 11), while regional indices were mixed.
The STI rose 1.2 per cent or 54.07 points to 4,542.20. The iEdge Singapore Next 50 Index also closed higher, up 0.5 per cent or 7.11 points at 1,456.04.
Across the broader market, advancers outnumbered decliners 295 to 269 after 1.6 billion shares worth S$1.9 billion changed hands.
The trio of local banks closed higher. DBS was up 1.5 per cent or S$0.81 at S$55.08. UOB rose 1 per cent or S$0.35 to S$34.03. OCBC closed up 2 per cent or S$0.36 at S$18.55.
Genting Singapore remained the top gainer on the STI, closing up 3.9 per cent or S$0.03 at S$0.80.
The biggest loser was Sats, closing down 0.6 per cent or S$0.02 at S$3.48.
Across the region, major indices were mixed on Tuesday, with the Kospi up 0.8 per cent and the Nikkei 225 down 0.1 per cent. Hong Kong’s Hang Seng Index rose 0.2 per cent and the KLCI was up 0.5 per cent.
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