STI up 0.4% as hopes increase of Fed cutting rates next week
The Straits Times|December 13, 2024
Gainers outnumber losers 272 to 212 across broader market Yangzijiang Shipbuilding is STI top gainer; Sats leads losers 3 local banks start in the red but add gains by end of day
Mia Pei

Positive inflation data in the US boosted Wall Street overnight and gave local investors the incentive to head back into the market, although the regional response was mixed.

The prospect that interest rates will be further trimmed next week in the US helped send the Straits Times Index (STI) up 0.4 per cent or 16.45 points to 3,809.27.

Gainers outnumbered losers 272 to 212 across the broader market, with 963.3 million securities worth $974.7 million changing hands.

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Diese Geschichte stammt aus der December 13, 2024-Ausgabe von The Straits Times.

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