Singapore Shares Rise 0.3% as China's Stimulus Measures Support -- Market Talk

Dow Jones09-30

0932 GMT - Singapore's FTSE Straits Times Index rose 0.3% to close at 3585.29. The Fed's large rate cut and China's stimulus measures are supportive factors for Asia ex-Japan equity markets, Nomura analysts say in a research report. Based on investor feedback and other factors, the rally this time around might be more sustainable relative to previous ones, the analysts add. Among the best performers on the benchmark index, Seatrium rose 2.9%, Singapore Airlines added 2.3%, and Jardine Matheson Holdings was up 1.6%. Meanwhile, Yangzijiang Shipbuilding fell 2.4% and Mapletree Industrial Trust lost 2.0%. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

September 30, 2024 05:32 ET (09:32 GMT)

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Among the best performers on the benchmark index, Seatrium rose 2.9%, Singapore Airlines added 2.3%, and Jardine Matheson Holdings was up 1.6%. Meanwhile, Yangzijiang Shipbuilding fell 2.4% and Mapletree Industrial Trust lost 2.0%. 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The Fed's large rate cut and China's stimulus measures are supportive factors for Asia ex-Japan equity markets, Nomura ...</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":"SGXZ27511609.SGD","symbol_name":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2471487978","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2471487978","pubTimestamp":1727688720,"columns":[],"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":"0932 GMT - Singapore's FTSE Straits Times Index rose 0.3% to close at 3585.29. 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