The Straits Times Index, comprising the 30 biggest listed companies, hit a 17-year high on Nov 19, bringing its year-to-date gains to 17 per cent. It closed at 3,757.97 on Nov 19.
It has outperformed regional peers, with the MSCI index of Asean stocks up 10 per cent over the same period.
Analysts are bullish on the overlooked market in the near term, citing the Monetary Authority of Singapore's (MAS) efforts to boost stock markets and the US election uncertainty favouring defensive positioning.
هذه القصة مأخوذة من طبعة November 20, 2024 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة November 20, 2024 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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