News Formal

STI up 0.7%, led by Reits and business trusts

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

SINGAPORE shares were pushed into positive territory on Thursday, led by gains from real estate investment trusts (Reits) and business trusts, eclipsing worries of escalating United States-China trade tensions. Read more at The Business Times.

SINGAPORE shares were pushed into positive territory on Thursday, led by gains from real estate investment trusts and business trusts, eclipsing worries of escalating United States-China trade tensions.

The Straits Times Index gained 17.82 points, or 0.7 per cent, to 2,612.35. Advancers outpaced decliners 271 to 170 , as 1.38 billion shares worth S$1.12 billion changed hands. AxiCorp's chief market strategist Stephen Innes, said:"The impact of virus headlines is receding for stock markets, while price action suggests little care is given about the rising US-China tensions."

Oanda senior market analyst Jeffrey Halley said that barring severe geopolitical escalation between the US and China, or poor US jobless claims data, “the underlying buy-everything globally recovery trade looks set to remain on course for the rest of the week”. At the top of the STI table were Mapletree Logistics Trust, which rose 4.9 per cent to S$2.13, and Mapletree Industrial Trust, which gained 4.4 per cent to S$3.10. Ascendas Reit was also among top performing counters, gaining 2.7 per cent to S$3.43.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 15. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Singapore stocks open lower on Wednesday; STI down 0.4%SINGAPORE shares opened lower on Wednesday, dragged by weaker starts from index counters. Read more at The Business Times.
Källa: BusinessTimes - 🏆 15. / 51 Läs mer »

Singapore stocks open flat on Thursday; STI up 0.01%SINGAPORE shares struggled to advance at Thursday's open, with slight gains from banks and mixed openings from real estate investment trusts and business trusts as the earnings season kicks into full gear. Read more at The Business Times.
Källa: BusinessTimes - 🏆 15. / 51 Läs mer »

Stocks to watch: CapitaLand Commercial Trust, Suntec Reit, AEM, iFast, Keppel Infra TrustTHE following companies saw new developments that may affect trading of their securities on Thursday: Read more at The Business Times.
Källa: BusinessTimes - 🏆 15. / 51 Läs mer »