Advertisement
Singapore markets closed

  • Straits Times Index

    3,300.04
    -3.15 (-0.10%)
     

  • S&P 500

    5,180.74
    +52.95 (+1.03%)
     

  • Dow

    38,852.27
    +176.59 (+0.46%)
     

  • Nasdaq

    16,349.25
    +192.92 (+1.19%)
     

  • Bitcoin USD

    64,017.04
    -246.83 (-0.38%)
     

  • CMC Crypto 200

    1,323.43
    -41.70 (-3.05%)
     

  • FTSE 100

    8,295.11
    +81.62 (+0.99%)
     

  • Gold

    2,322.80
    -8.40 (-0.36%)
     

  • Crude Oil

    78.31
    -0.17 (-0.22%)
     

  • 10-Yr Bond

    4.4890
    -0.0110 (-0.24%)
     

  • Nikkei

    38,835.10
    +599.03 (+1.57%)
     

  • Hang Seng

    18,479.37
    -98.93 (-0.53%)
     

  • FTSE Bursa Malaysia

    1,605.68
    +8.29 (+0.52%)
     

  • Jakarta Composite Index

    7,123.61
    -12.28 (-0.17%)
     

  • PSE Index

    6,618.58
    -33.91 (-0.51%)
     

Singapore equities outperform regional peers in 1H17

Singapore Business Review

STI has climbed around 13%.

CNBC reported that the search for yield has turned many investors' attention to emerging Asia, with China, India and Indonesia often featured as preferred investment picks. But Amundi Asset Management has thrown a surprising name into the hat: Singapore.

Equities in the Southeast Asian city-state have outperformed many of their regional peers in the first half of 2017, said Chan Hock Fai, director for investment at Amundi.

So far this year, Singapore's benchmark index, the Straits Times Index (STI), has climbed around 13%. beating the 10% gain in Indonesia's Jakarta Composite Index and the 2 percent increase in the Shanghai Composite Index. Concurrently, it lagged the 15% rise in India's Sensex.

Read more here.



More From Singapore Business Review