Singapore Stock Market Updates: STI Gaps Up

Morning Highlights

Our Focus For Today is on Individual Stocks…

Straits Times Index (^STI) gapped up and open at 2640.37 as supported by Wall Street’s rally, with Dow Industrials finish up triple digits. In Australia, gold miners were shining after spot gold prices hit a record high of $1036 an ounce on Tuesday.

After a strong rebound in the U.S. markets on Tuesday with the Dow surging 1.2% day-on-day (dod), most Asian markets followed suit to finish in positive territory. This was on the back optimism returning with a better than expected reading from the services sector in the U.S. The STI (+1.1% dod, 2,611.9) recouped some of its losses made over the past 3 days.

Capitaland has also benefits from plan to list subsidiary and CPO prices continued to advance for a second day to close at 2,062.0 ringgit per ton (+1.0% dod).  (Read More…)

Currently Singtel is the leading of the decline of index. Till now, this stock has dropped 0.07.

Quick Picks: Here is a quick pick screen that we have designed to pick out potential stocks, both Bullish and Bearish. These are measured with emphasis on larger changes in price and volume.

Bullish Stocks (Singapore)

Stock Prices last updated at 9.40 (Singapore Time)

Subscribe by RSS Subscribe by Email