Singapore stocks rose as trading began on Monday—STI gained 0.2% Singapore News

  • 📰 IndependentSG
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Singapore stocks rose as trading began on Monday, Dec 23, supported by gains across the Asia-Pacific region after lower-than-expected inflation data from the US, which eased concerns over interest rat

e cuts next year.

In the broader market, 75 stocks gained while 41 declined, with 69.3 million securities valued at S$49.4 million traded. Advanced Systems Automation also fell sharply by 33.3%, or S$0.005, to S$0.01, with nearly eight million shares traded. Following the report, traders slightly adjusted their expectations for Federal Reserve rate cuts in 2025. They now anticipate the first cut in March and a second by October, compared to earlier estimates of a 50% chance for a second cut by December 2025.

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:

 /  🏆 2. in SG
 

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

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Singapore stocks showed little movement as trading began on Wednesday Singapore News%
Source: IndependentSG - 🏆 9. / 63 Read more »

Singapore stocks rose as trading began on Wednesday—STI rose 0.3% Singapore News%
Source: IndependentSG - 🏆 2. / 72 Read more »

Singapore tops ASEAN in business friendliness, ranked sixth globally Singapore News%
Source: IndependentSG - 🏆 2. / 72 Read more »