Singapore Shares Fall 0.2%; Banks May See Further Upside -- Market Talk

Dow Jones03-22

0125 GMT - Singapore's benchmark FTSE Straits Times Index is 0.2% lower at 3212.55 in early trade. Singapore banks' share prices likely will see further upside, Citi Research analyst Yong Hong Tan says in a note, adding that the banks outperformed regional peers after the FOMC meeting tracking gains in U.S. banks. Among the gainers, Hongkong Land Holdings rises 1.3%, Emperador gains 1.15% and Genting Singapore is 1.1% higher. Among the decliners, Wilmar International is 1.4% lower, United Overseas Bank sheds 1.2% and Jardine Cycle & Carriage loses 0.85%. (kimberley.kao@wsj.com)

(END) Dow Jones Newswires

March 21, 2024 21:25 ET (01:25 GMT)

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Singapore banks' share prices likely will see further upside, Citi Research analyst Yong Hong Tan ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">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":"F34.SI","symbol_name":"丰益国际","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2421886536","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2421886536","pubTimestamp":1711070700,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0125 GMT - Singapore's benchmark FTSE Straits Times Index is 0.2% lower at 3212.55 in early trade. 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