Advertisement
Singapore markets closed
  • Straits Times Index

    3,292.93
    -3.96 (-0.12%)
     
  • Nikkei

    38,236.07
    -37.98 (-0.10%)
     
  • Hang Seng

    18,475.92
    +268.79 (+1.48%)
     
  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     
  • Bitcoin USD

    62,706.68
    +3,287.71 (+5.53%)
     
  • CMC Crypto 200

    1,360.61
    +83.63 (+6.55%)
     
  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     
  • Dow

    38,675.68
    +450.02 (+1.18%)
     
  • Nasdaq

    16,156.33
    +315.37 (+1.99%)
     
  • Gold

    2,310.10
    +0.50 (+0.02%)
     
  • Crude Oil

    77.99
    -0.96 (-1.22%)
     
  • 10-Yr Bond

    4.5000
    -0.0710 (-1.55%)
     
  • FTSE Bursa Malaysia

    1,589.59
    +9.29 (+0.59%)
     
  • Jakarta Composite Index

    7,134.72
    +17.30 (+0.24%)
     
  • PSE Index

    6,615.55
    -31.00 (-0.47%)
     

Daily Markets Briefing: STI up 0.54%

Daily Markets Briefing: STI up 0.54%

But the mixed performance on Wall Street could keep local bourse cautious.

The Straits Times Index (STI) ended 17.99 points or 0.54% higher to 3354.71 on Thursday, taking the year-to-date performance to +16.45%.

The top active stocks yesterday were DBS, which gained 1.65%; OCBC Bank, which gained 2.13%; Singtel, which gained 0.25%; UOB, which gained 1.32%; and Rowsley, with a 9.02% fall.

OCBC Investment Research said the Dow Jones Industrial Average closed at a record on Thursday driven by earnings-fueled gains in Verizon and Boeing, but the broader market finished in negative territory due to a firm slump in technology stocks.

ADVERTISEMENT

Meanwhile, six out of eleven S&P 500 industries ended lower, led by Information Technology (-0.82%) and Health Care (-0.68%) while Telecommunication Services (5.20%) and Energy (1.01%) led the gains.

"The mixed performances on Wall Street overnight are likely to keep local sentiment fairly cautious today," the brokerage firm noted.



More From Singapore Business Review