Straits Times Index: Race to 4,000 points
After this first breach, chances are that the STI will continue to ride above this level sooner rather than later
Add BT as a preferred source
[SINGAPORE] The benchmark Straits Times Index (STI) has been on a tear in the past year or so, with multiple sessions ending in new all-time highs.
On Mar 28, Singapore’s blue-chip index for the first time in its 59-year history crossed the 4,000-mark – seen by market watchers as a significant psychological threshold – before settling to close at 3,972.43 points.
After this first breach, the money is on the STI continuing to ride above 4,000 points sooner rather than later.
TRENDING NOW
Ohmyhome Ltd sells real estate business for token US$1 due to poor business and continued losses
Buyer for England striker Harry Kane’s former mansion must pay £3.4 million after abandoning deal
Real estate firm Ohmyhome’s journey over the past 10 years
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
