myLaohor
2021-10-13
Some positive outlook here
Singapore stocks gain on Wednesday amid investor optimism; STI up 1.4%
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color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore stocks gain on Wednesday amid investor optimism; STI up 1.4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-13 18:12 GMT+8 <a href=https://www.businesstimes.com.sg/stocks/singapore-stocks-gain-on-wednesday-amid-investor-optimism-sti-up-14><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE shares advanced strongly on Wednesday (Oct 13), with investors showing optimism towards reopening as the country transitions towards an endemic Covid-19.\nThe benchmark Straits Times Index (...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/singapore-stocks-gain-on-wednesday-amid-investor-optimism-sti-up-14\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.businesstimes.com.sg/stocks/singapore-stocks-gain-on-wednesday-amid-investor-optimism-sti-up-14","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143826355","content_text":"SINGAPORE shares advanced strongly on Wednesday (Oct 13), with investors showing optimism towards reopening as the country transitions towards an endemic Covid-19.\nThe benchmark Straits Times Index (STI) climbed 1.4 per cent or 44.37 points on Wednesday to close at 3,156.42.\nIG market strategist, Yeap Jun Rong, said the STI is finding some strength on renewed investor optimism ahead of Thursday's (Oct 14) monetary policy statement from the Monetary Authority of Singapore.\n\"Policy stance may be expected to remain unchanged for now, as economic recovery from Covid-19 continues to chug along,\" he said, adding that greater clarity on the country's endemic approach to Covid-19 has \"removed previous overhang surrounding reopening plans, lifting investors' confidence that the general direction will continue to point towards reopening\".\nYeap also noted that SGX fund flow data has shown net institutional inflows in the past 4 weeks.\nShares of Thai Beverage climbed 3.7 per cent on Wednesday to close at S$0.71, finishing the day as the top STI performer. 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