Singapore stocks: STI resumes Monday afternoon at 3,149.10, up 0.15% on day

Among financials, DBS was up S$0.07 or 0.3 per cent to S$24.83, UOB rose S$0.05 or 0.2 per cent to S$25.55, but OCBC dipped S$0.02 or 0.2 per cent to S$10.83.

Elsewhere in Asia, investors responded positively to news of fresh stimulus measures from China and below-par US jobs data that reinforced expectations of a Federal Reserve interest rate cut this month. The People's Bank of China on Friday said it would slash the amount of cash lenders must keep in reserve to its lowest level in 12 years, freeing up more than US$100 billion for the stuttering economy.

Tokyo ended the morning 0.5 per cent higher, Shanghai added 0.4 per cent and Seoul jumped 0.6 per cent.Australia's S&P/ASX 200 index inched up 0.12 per cent at 6,655.50 while New Zealand's benchmark S&P/NZX 50 index bucked the positive trend, dipping 0.3 per cent to 11,180.2.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hong Kong: Stocks open Monday with gains[HONG KONG] Hong Kong stocks opened higher on Monday to extend last week's gains after China unveiled fresh economic stimulus, while weak US jobs data fuelled talk of further Federal Reserve interest rate cuts. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Hong Kong: Stocks open Monday with gains[HONG KONG] Hong Kong stocks opened higher on Monday to extend last week's gains after China unveiled fresh economic stimulus, while weak US jobs data fuelled talk of further Federal Reserve interest rate cuts. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Stocks to watch: Tee International, Thomson Medical, Keppel Pacific Oak US Reit, Tiong SengSINGAPORE - The following companies saw new developments that may affect trading of their shares on Monday (Sept 9):. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »