STI climbs 0.4% on the back of US rate-cut optimism
The Straits Times|July 12, 2024
Gainers easily outpace losers 382 to 220 on broader market | Mapletree Logistics Trust is tops among STI Reits, up 4.8% | UOB and OCBC dip, but DBS rises to all-time high of $38.38
Tay Peck Gek

Federal Reserve chairman Jerome Powell's testimony to the United States Congress fuelled a rally across Asia-Pacific bourses on July 11, lifting the Singapore bluechip barometer in the process.

Mr Powell told lawmakers that the central bank would not wait until inflation had hit the bank's 2 per cent target before lowering interest rates remarks that unleashed optimism among investors for rate cuts soon.

هذه القصة مأخوذة من طبعة July 12, 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.

هذه القصة مأخوذة من طبعة July 12, 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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