News Formal

Singapore stocks: STI resumes Tuesday afternoon trading, up 1.8% on day

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

SINGAPORE equities resumed trading on Tuesday afternoon reversing losses at the open, with the Straits Times Index (STI) up 48.60 points or 1.8 per cent to 2,830.97 as at 1.06pm. Read more at The Business Times.

Across the market, advancers outpaced decliners 261 to 194. The bluechip index had four of the 30 counters trading in the red.

Singtel was the most traded STI counter. The telco was up S$0.08 or 2.9 per cent to S$2.89 with 30.1 million shares changing hands. The local lenders are also rebounding off their 52-week lows on Monday. DBS gained S$0.32 or 1.5 per cent to S$21.47, OCBC Bank added S$0.18 or 1.9 per cent to S$9.70. while United Overseas Bank was trading at S$21.89, advancing S$0.39 or 1.8 per cent as at 1.05pm.

Among real estate investment trusts , industrial and commercial reits resumed their climb. Ascendas Reit units added S$0.06 or 1.8 per cent to S$3.32 and Mapletree Commercial Trust units were trading S$0.04 or 1.8 per cent higher at S$2.25., was the STI's biggest gainer in percentage terms. The media and property group jumped S$0.16 or 9.2 per cent to S$1.90.

Elsewhere in the Asia-Pacific, equity benchmarks in Australia, China, Hong Kong, Japan, Malaysia, South Korea and Taiwan were also up after Monday's bloodbath, where they had fallen between 3 and 7 per cent.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Singapore shares open lower on Tuesday following US market rout; STI down 0.8%SINGAPORE shares opened lower on Tuesday following a bloodbath in US markets overnight which saw major Wall Street indices finishing down more than 7 per cent. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Singapore stocks: STI loses 4.5% on Monday afternoonSINGAPORE equities resumed trading on Monday afternoon in negative territory following a steep selloff due to escalating worries over the economic repercussions of Covid-19 as well as a sharp fall in oil prices. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Oil-related stocks take big hits on Monday, STI down 6%SINGAPORE equities faced strong sell-offs on Monday as fears continue to escalate over Covid-19 but the local market's oil-related stocks were the most affected after sharp falls in oil prices. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Singapore stocks: STI loses 4.5% on Monday afternoonSINGAPORE equities resumed trading on Monday afternoon in negative territory following a steep selloff due to escalating worries over the economic repercussions of Covid-19 as well as a sharp fall in oil prices. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »