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Trade talks, interest rate outlook lift Feb market

Biggest gainers: DBS Group, ThaiBev, Jardine Strategic Holdings; biggest losers: OCBC Bank, Jardine C&C, Genting Singapore

Singapore

THE total market capitalisation on the local bourse in February inched up 0.7 per cent from the previous month to end at S$926.2 billion.

This compares to a 3 per cent gain in market capitalisation in January - a month that is typically seen as the best of the year for the stock market.

In February, the benchmark Straits Times Index (STI) edged up 0.7 per cent over the month, compared to the 4 per cent rise in January.

The total market cap of STI constituents rose 0.8 per cent to S$569.6 billion...

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