Singapore Shares Rise 0.3% in Morning Trade -- Market Talk

Dow Jones04-18

0120 GMT - Singapore's FTSE Straits Times Index rises 0.3% to 3164.00 in morning trade, despite a negative lead from Wall Street overnight. Positive sentiment on the local bourse seems to be holding up after gains the prior session, even as dimming Fed rate-cuts hopes and inflation concerns weigh on other markets. Traders also seem to be shrugging off weaker-than-expect Singapore trade data on Wednesday, when the STI closed in the green. Among the best performers on the STI, Seatrium rises 1.3%, Singapore Technologies Engineering is up 1.0% and OCBC adds 0.7%. Meanwhile, top decliners include CapitaLand Investment, which falls 1.6%, and Hongkong Land, which is down 1.5%. (amanda.lee@wsj.com)

(END) Dow Jones Newswires

April 17, 2024 21:20 ET (01:20 GMT)

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Positive sentiment on the local bourse seems to be holding ...</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":"STI.SI","symbol_name":"富时新加坡海峡指数","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2428649307","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2428649307","pubTimestamp":1713403200,"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":"0120 GMT - Singapore's FTSE Straits Times Index rises 0.3% to 3164.00 in morning trade, despite a negative lead from Wall Street overnight. 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