0110 GMT - Singapore's benchmark FTSE Straits Times Index rises 0.4% to 3149.67 as investors await the U.S. inflation report due later in the global day. The main theme seems to have been consolidation, Commerzbank Research analysts say in a note. Market participants are assessing whether the upside surprise in January core inflation was a one-off blip or if it'll moderate, the analysts add. Among the best performers on the benchmark index, Jardine Matheson Holdings rises 1.6%, Thai Beverage adds 1.0%, and UOL Group is up 1.2%. Meanwhile, Seatrium falls 1.1% and Mapletree Pan Asia Commercial Trust sheds 0.8%. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 11, 2024 21:10 ET (01:10 GMT)
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