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Stimulus, rate-cut hopes barely move STI

Singapore index adds just 1.85 points or 0.06 per cent to finish at 3,146.33; regional markets close higher

Published Mon, Sep 9, 2019 · 09:50 PM

LOCAL equities got the week off to a quiet start in a session that saw regional peers lifted by China's stimulus measures and hopes that the US Federal Reserve will lower rates this month.

The Straits Times Index (STI) barely moved, adding just 1.85 points or 0.06 per cent to finish at 3,146.33.

Elsewhere in the Asia-Pacific, Australia, China, Japan and South Korea were higher.

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