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Ruixiang
2021-12-07

STI up 0.59% as Omicron concerns ease

SINGAPORE equities rose on Tuesday (Dec 7) in a largely positive session for markets in Asia as conc

STI up 0.59% as Omicron concerns ease

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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; 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\">\nSTI up 0.59% as Omicron concerns ease\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-07 18:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/stocks/sti-up-059-as-omicron-concerns-ease><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE equities rose on Tuesday (Dec 7) in a largely positive session for markets in Asia as concerns over the Omicron coronavirus variant subsided.\nThe Straits Times Index (STI) ended 18.34 points...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/sti-up-059-as-omicron-concerns-ease\">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/sti-up-059-as-omicron-concerns-ease","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178174926","content_text":"SINGAPORE equities rose on Tuesday (Dec 7) in a largely positive session for markets in Asia as concerns over the Omicron coronavirus variant subsided.\nThe Straits Times Index (STI) ended 18.34 points or 0.59 per cent higher at 3,134.66.\nSaid IG market strategist Yeap Jun Rong: \"While markets continue to await scientific updates on the Omicron variant, news-driven expectations are that it will be more transmissible but less severe, and existing vaccines may work on the variant to some degree.\"\nThe ability of hospitals in South Africa to cope with the surge in Covid-19 cases has fuelled some optimism among the dip buyers, signalling that the previous sell-off for reopening sectors \"may have been overdone\", noted Yeap.\nAcross the Singapore market, advancers outpaced decliners 324 to 159 with some 1.26 billion shares worth S$1.13 billion changing hands.\nTravel-related counters on the blue-chip index fared well with the Singapore Airlines (SIA) and Sats emerging among the top performers.\nSIA gained 2.3 per cent or S$0.11 to S$4.99 while Sats was up 1.3 per cent or S$0.05 to S$3.94.\nYangzijiang Shipbuilding was also a top gainer with shares up 2.3 per cent or S$0.03 to S$1.32.\nJardine Matheson Holdings and ComfortDelGro were the only 2 of the 30 STI constituents that ended the day in the red.\nJardine Matheson Holdings slipped 1.8 per cent or US$1 to US$54.62 while ComfortDelGro shed 0.7 per cent or S$0.01 to S$1.41.\nThai Beverage was the most active counter on the STI with about 27.5 million shares changing hands. It ended the day 1.5 per cent or S$0.01 higher at S$0.675.\nElsewhere in the region, sentiment too was buoyed by Wall Street rallies and optimism that the Omicron variant is less severe than anticipated.\nHong Kong's Hang Seng Index led gains in the region and ended the day 2.72 per cent higher.\nJapan's Nikkei 225 was up 1.89 per cent; South Korea's Kospi gained 0.62 per cent; Malaysia's Kuala Lumpur Composite Index rose 0.98 per cent while Indonesia's Jakarta Composite Index was up 0.85 per cent.","news_type":1},"isVote":1,"tweetType":1,"viewCount":678,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":1,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}

STI up 0.59% as Omicron concerns ease

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