Stocks perk up on news of Japan stimulus

A WEEK dominated by headlines about central bank meetings and worries about who the eventual next leader of the free world will be, is bound to sap energy levels.

But a mid-week pick-up for equity markets arrived from Japan on Wednesday, on the back of news that the Japanese government is preparing a stimulus package worth more than 28 trillion yen (S$360 billion).

Singapore stocks finished the session 0.3 per cent higher, with the Straits Times Index (STI) gaining 8.05 points to 2,941.49.