Singapore Stocks Eke Out Slight Gains Amid Recession, Inflation Worries; STI up 0.1%

The Business Times2022-06-28

SINGAPORE shares ran out of steam and traded underwater through most of Tuesday (Jun 28), although an uphill struggle in the final hour paid off with marginal gains, as caution set in with lingering ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Seah CL
2022-06-29
Seah CL
K
HeRock
2022-06-28
HeRock
huat
GggSlimeR
2022-06-28
GggSlimeR
Thanks & Do not like my comment
tigertail
2022-06-28
tigertail
Stay strong SG
WJ77
2022-06-28
WJ77
👍👍
SudTradepro
2022-06-28
SudTradepro
Need to show strength

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1153342680?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-06-28 18:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1153342680","market":"sg","top_or_hot":-1,"title":"Singapore Stocks Eke Out Slight Gains Amid Recession, Inflation Worries; STI up 0.1%","media":"The Business Times","content":"<div>\n<p>SINGAPORE shares ran out of steam and traded underwater through most of Tuesday (Jun 28), although an uphill struggle in the final hour paid off with marginal gains, as caution set in with lingering ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/singapore-stocks-eke-out-slight-gains-amid-recession-inflation-worries-sti-up-01\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks Eke Out Slight Gains Amid Recession, Inflation Worries; STI up 0.1%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks Eke Out Slight Gains Amid Recession, Inflation Worries; STI up 0.1%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-28 18:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/stocks/singapore-stocks-eke-out-slight-gains-amid-recession-inflation-worries-sti-up-01><strong>The Business Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE shares ran out of steam and traded underwater through most of Tuesday (Jun 28), although an uphill struggle in the final hour paid off with marginal gains, as caution set in with lingering ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/singapore-stocks-eke-out-slight-gains-amid-recession-inflation-worries-sti-up-01\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STI.SI","symbol_name":"富时新加坡海峡指数","start_time":0,"source_url":"https://www.businesstimes.com.sg/stocks/singapore-stocks-eke-out-slight-gains-amid-recession-inflation-worries-sti-up-01","article_id":"1153342680","we_media_id":null,"thumbnails":[],"rights":{"source":null,"url":"https://www.businesstimes.com.sg/stocks/singapore-stocks-eke-out-slight-gains-amid-recession-inflation-worries-sti-up-01","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1153342680","pubTimestamp":1656411050,"sourceInfo":null,"weMediaInfo":null,"summary":"SINGAPORE shares ran out of steam and traded underwater through most of Tuesday (Jun 28), although a","collect":0,"end_time":0,"defaultTopTitle":"businesstimes.com.sg","property":[],"viewcount":null,"language":"en","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"translate_title":"新加坡股市在经济衰退和通胀担忧中勉强小幅上涨；科技创新指数上升0.1%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STI.SI":0.9},"content_text":"SINGAPORE shares ran out of steam and traded underwater through most of Tuesday (Jun 28), although an uphill struggle in the final hour paid off with marginal gains, as caution set in with lingering inflation and recession worries.The Straits Times Index (STI) finished 2.67 points or 0.09 percent higher at 3,140.21, following an overnight pause in US stocks’ relief rally. The Dow Jones Industrial Average fell 0.2 percent and the tech-heavy Nasdaq lost 0.7 percent, after the benchmark 10-year Treasury yield rose amid continued rate-hike speculation.Most bourses across the Asia-Pacific posted gains, from Japan, China and Hong Kong to South Korea, Australia and Malaysia. Taiwan, an outlier, closed 0.7 percent lower.Their showing comes ahead of the release of some key US data, including a consumer confidence survey and housing-related figures, for further indication about the state of the world’s largest economy. A sharp uptick in oil prices lately is also weighing on markets, more so after an earlier correction in commodity prices fanned some hope that inflation may be easing.Stephen Innes, managing partner at SPI Asset Management, said: “The recent global equities’ rebound is running out of steam despite positive month-end equity flows.” The markets also snubbed upbeat news out of China, the latest being an easing of quarantine rules.“Lots of noise under the surface, but it is still about energy inflation, with the street also running with the recessionary baton,” he added.On the home front, some 1.30 billion securities worth S$1.07 billion were traded. Gainers outpaced losers, with 271 counters up and 221 down.Watches.com was one of the most actively traded counters by volume with 22 million shares done. The counter fell S$0.003 or 16.7 percent to S$0.015. Both Watches.com and Incredible Holdings have received notices of compliance by the Singapore Exchange’s regulatory arm over a series of transactions that would result in joint investments and cross-shareholdings.Isetan (Singapore) on Monday (Jun 27) said its China-based associate will cease operations of 2 stores by year-end, following which Isetan will commence proceedings to wind up the associate beginning next year. Shares of the retailer rose S$0.03 or 0.8 percent to end at S$3.74 on Tuesday.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9042116274,"gmtCreate":1656456024598,"gmtModify":1676535829833,"author":{"id":"4102135564535180","authorId":"4102135564535180","name":"Seah CL","avatar":"https://community-static.tradeup.com/news/970bca7b04e85a42a2c8eabed7ec96d0","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4102135564535180","authorIdStr":"4102135564535180"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042116274","repostId":1153342680,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9042393058,"gmtCreate":1656429176574,"gmtModify":1676535826542,"author":{"id":"3584016424234099","authorId":"3584016424234099","name":"HeRock","avatar":"https://static.tigerbbs.com/44f6d5bfca82d1cd31bc460ab914dcd6","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3584016424234099","authorIdStr":"3584016424234099"},"htmlText":"huat","listText":"huat","text":"huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042393058","repostId":1153342680,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9042399642,"gmtCreate":1656429154986,"gmtModify":1676535826534,"author":{"id":"4093058604760480","authorId":"4093058604760480","name":"GggSlimeR","avatar":"https://community-static.tradeup.com/news/4b805c8472adab6d9418f36452434a56","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":1,"idStr":"4093058604760480","authorIdStr":"4093058604760480"},"htmlText":"Thanks &amp; Do not like my comment&nbsp;","listText":"Thanks &amp; Do not like my comment&nbsp;","text":"Thanks & Do not like my comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042399642","repostId":1153342680,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9042301510,"gmtCreate":1656428368630,"gmtModify":1676535826354,"author":{"id":"4115687416163232","authorId":"4115687416163232","name":"tigertail","avatar":"https://community-static.tradeup.com/news/69424569a4b735a5fd9031d555bd0130","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"4115687416163232","authorIdStr":"4115687416163232"},"htmlText":"Stay strong SG","listText":"Stay strong SG","text":"Stay strong SG","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042301510","repostId":1153342680,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9042947184,"gmtCreate":1656426832748,"gmtModify":1676535826063,"author":{"id":"3573616695330925","authorId":"3573616695330925","name":"WJ77","avatar":"https://static.tigerbbs.com/56bf6bd5b462948ac1028ecaabdba952","vip":1,"crmLevel":9,"crmLevelSwitch":1,"idStr":"3573616695330925","authorIdStr":"3573616695330925"},"htmlText":"👍👍","listText":"👍👍","text":"👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042947184","repostId":1153342680,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9042952481,"gmtCreate":1656425433043,"gmtModify":1676535825541,"author":{"id":"3574923825314211","authorId":"3574923825314211","name":"SudTradepro","avatar":"https://community-static.tradeup.com/news/9e0fa136da88290ea3b9970d5c2d6551","vip":1,"crmLevel":8,"crmLevelSwitch":1,"idStr":"3574923825314211","authorIdStr":"3574923825314211"},"htmlText":"Need to show strength","listText":"Need to show strength","text":"Need to show strength","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042952481","repostId":1153342680,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":86,"commentSize":12,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1153342680"}