Singapore stocks in positive territory despite tepid regional sentiment; STI up 0.4%

The Straits Times2024-11-11

SINGAPORE - Stocks in Singapore were in the black on Nov 11 as investor sentiment in the region weakened. The benchmark Straits Times Index (STI) rose 0.4 per cent or 15.1 points to 3,739.47. Across ...

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Across ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/singapore-stocks-in-positive-territory-despite-tepid-regional-sentiment-sti-up-04\">Source Link</a>\n\n</div>\n","source":"straits_highlight","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 in positive territory despite tepid regional sentiment; STI up 0.4%</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 in positive territory despite tepid regional sentiment; STI up 0.4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-11 19:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/business/companies-markets/singapore-stocks-in-positive-territory-despite-tepid-regional-sentiment-sti-up-04><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - Stocks in Singapore were in the black on Nov 11 as investor sentiment in the region weakened.\nThe benchmark Straits Times Index (STI) rose 0.4 per cent or 15.1 points to 3,739.47. Across ...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/singapore-stocks-in-positive-territory-despite-tepid-regional-sentiment-sti-up-04\">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":null,"symbol_name":null,"start_time":0,"source_url":"https://www.straitstimes.com/business/companies-markets/singapore-stocks-in-positive-territory-despite-tepid-regional-sentiment-sti-up-04","article_id":"2482200832","we_media_id":null,"thumbnails":[],"rights":{"source":"straits_highlight","url":"https://www.straitstimes.com/business/companies-markets/singapore-stocks-in-positive-territory-despite-tepid-regional-sentiment-sti-up-04","rn_cache_url":null,"customStyle":"","selectors":"body","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2482200832","pubTimestamp":1731324600,"columns":[],"sourceInfo":{"source_id":"straits_highlight","name":"Straits Times"},"weMediaInfo":null,"summary":"SINGAPORE - Stocks in Singapore were in the black on Nov 11 as investor sentiment in the region weakened.The benchmark Straits Times Index  rose 0.4 per cent or 15.1 points to 3,739.47. Across the broader market, losers beat gainers 354 to 229 after 1.9 billion securities worth $1.5 billion changed hands.Regional markets were mostly in the red on Nov 11. 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Across the broader market, losers beat gainers 354 to 229 after 1.9 billion securities worth $1.5 billion changed hands.\nRegional markets were mostly in the red on Nov 11. Hong Kong’s Hang Seng Index fell 1.5 per cent, while South Korea’s Kospi shed 1.2 per cent and Japan’s Nikkei 225 index edged up 0.1 per cent.\n\n\n\nThe tepid market sentiment may have stemmed from weaker-than-expected economic support from the Chinese government.\n\nIn a report released on Nov 11, UOB economist Ho Woei Chen noted that China’s National People’s Congress Standing Committee last Friday approved a 10 trillion yuan (S$1.9 trillion) package to refinance local governments’ off-balance sheet debt from 2024 to 2028.\n“However, there was no new direct stimulus spending to raise consumption demand; and the long period of debt resolution suggests that the fiscal boost will be very limited in the near term,” he said.\n\n\n\n\nOn the STI, UOB was at the top of the table. It gained 2.7 per cent or $0.96 to $36.65. \n\nYangzijiang Shipbuilding was at the bottom of the table. It fell 5.6 per cent or 15 cents to $2.53.\nThe company announced on Nov 7 that it has secured US$11.6 billion of order wins in the year to date.\nWeak earnings appeared to have hurt Venture Corp’s share price as well. The company shed 5.5 per cent or 75 cents to $12.90.\nVenture posted a 4.7 per cent decline in third-quarter net profit on Nov 8 after markets closed. The company attributed a fall in revenue to softer demand in the life sciences, lifestyle consumer, and test and measurement instrumentation technology domains. THE BUSINESS TIMES\n\n\n\n\n\nMore On This Topic\n\n \n\nSeatrium CEO says ‘things looking very positive’, with $24.4b of projects in the pipeline  \n\n\n\n \n\nSingapore Airlines’ profit dips further in Q2 as capacity outpaces travel demand","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"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":"4.30.2","shortVersion":"4.30.2","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/2482200832"}