Singapore shares gain 21 points on Wednesday
WITH a more than 30-point rise in the Dow futures on late Wednesday afternoon, market sentiments turned bullish and most regional bourses rebounded into positive territory.
Snapping out of the rough start to the week, the benchmark Straits Times Index (STI) on Wednesday ended the day 20.69 points or 0.68 per cent higher at 3,067.49.
Banking stocks OCBC and UOB, Jardine Matheson, Singtel and CapitaLand helped the index gain about 10 points.
Turnover amounted to 1.9 billion units worth some S$1.2 billion, comparable to the S$1.1 billion daily average in December. Excluding warrants, gains were broad-based with 270 gainers to 164 losers.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard