Singapore shares gain 0.6% on Wednesday after strong Q3 US bank earnings

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Singapore shares gain 0.6% on Wednesday after strong Q3 US bank earnings.

SINGAPORE equities raced ahead on Wednesday boosted by the rally on Wall Street, which was supported by optimism from strong Q3 earnings from major US banks the day before.

Chinese markets were lower after Beijing voiced that it could retaliate if the US Congress passes a bill offering support to pro-democracy protesters in Hong Kong. Across the market, advancers trumped decliners 223 to 174. Just four of the blue-chip index's 30 counters ended in the red.

 

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