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Markets look beyond US Capitol unrest to expected stimulus

Regional stocks rally on Democrats' win; upward trajectory could continue for Singapore financials and cyclical counters

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Published Thu, Jan 7, 2021 · 09:50 PM
    Surging higher

    Singapore

    SINGAPORE and regional stocks marched forward on Thursday, taking their cue from the US Democrats' Senate win, brushing aside the storming of Capitol Hill in the US.

    The benchmark Straits Times Index (STI) rose 1.5 per cent or 43.96 points to close at 2,906.97, its highest in more than 10 months.

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