Singapore stocks end higher on Thursday, STI up 0.5%

Businesstimes2021-12-16

LOCAL shares capped Thursday on a more upbeat note, as investors appeared to be buoyed by cues from the Federal Reserve officials about a shift towards ending their asset buying programme and raising ...

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精彩评论

gingy
2021-12-17
gingy
😀
CCCH
2021-12-16
CCCH
Property stocks will be affected by the cooling measures
MHh
2021-12-16
MHh
See if this can be maintained tomorrow
- vivo8787:
  Ok
- MHh:
  Indeed![Smile]
- missreenaa:
  That would be best
JeremyChuax
2021-12-16
JeremyChuax
Nice
- JeremyChuax:
  Up
TK360
2021-12-16
TK360
Nice
hearts
2021-12-16
hearts
👍👍
- JZ8:
  ok

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The benchmark Straits Times Index rose 0.5 per cent or 13.92 points to finish Thursday at 3,128.80. Advancers outpaced decliners 265 to 202, after 941 million stocks worth S$979.1 million changed hands.\nElsewhere in Asia, the Nikkei 225 was up 2.1 per cent; the Hang Seng Index gained 0.2 per cent, and the KLCI added 0.1 per cent. The Kospi also gained 0.6 per cent.\nOanda senior market analyst Edward Moya said: \"US stocks turned positive after the Fed doubled the pace of tapering and forecasted 3 rate hikes in 2022 and another 3 increases in 2023.\n\"Financial markets were nervous the Fed was going to exercise caution with a doubling of the taper pace, which would have been a policy mistake.\"\nThe trio of local lenders came out tops on Thursday. DBS was the top advancer, rising 1.4 per cent or S$0.43 to S$32.33. 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