Singapore shares rise 14 points ahead of Trump's address
SHARES in the Singapore bourse started Wednesday's trading higher with the key Straits Times Index up 14.03 points at 3,110.64 at 9.03am.
Some 69 million shares worth S$242 million were done with 63 counters up and 68 counters down.
Wall Street pulled back overnight on Tuesday ahead of US President Donald Trump's address to Congress.
"Asian markets will find itself with a flood of leads in today's trade, and could probably serve as a good early assessment for reactions in the other half of the globe," said IG Markets strategist Jingyi Pan.
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
China to facilitate Hong Kong IPOs and expand Stock Connect
Global equity funds see surge in outflows as rate cut hopes fade
Israel hits back, markets react; STI down 0.4%
Oil jumps, equities fall as Iran blasts fan Middle East fears
Tokyo: Nikkei index tumbles 3% in morning trade
Singapore shares open higher on Friday; STI up 0.2%