STI Extends Gains, Finishes 0.9% Up

29
2
Favorite

STI Extends Gains, Finishes 0.9% Up

Business Times2023-04-04

SINGAPORE shares rose on Tuesday (Apr 4), extending the previous day’s gains and taking its cue from overnight gains in Wall Street, as contagion worries over recent banking woes in US and Europe ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（2）

Chris Tan
·2023-04-04
Banks are very conservative and should do well for first quarter. More dividends on the way 👏
Reply
2
Report
carmentan
·2023-04-04
mmeiil mm
Reply
3
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1123184128?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-04-04 18:12","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1123184128","market":"sg","top_or_hot":-1,"title":"STI Extends Gains, Finishes 0.9% Up","media":"Business Times","content":"<div>\n<p>SINGAPORE shares rose on Tuesday (Apr 4), extending the previous day’s gains and taking its cue from overnight gains in Wall Street, as contagion worries over recent banking woes in US and Europe ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/sti-extends-gains-finishes-09\">Source Link</a>\n\n</div>\n","source":"lsy1607307803821","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>STI Extends Gains, Finishes 0.9% Up</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\">\nSTI Extends Gains, Finishes 0.9% Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-04 18:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/sti-extends-gains-finishes-09><strong>Business Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE shares rose on Tuesday (Apr 4), extending the previous day’s gains and taking its cue from overnight gains in Wall Street, as contagion worries over recent banking woes in US and Europe ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/sti-extends-gains-finishes-09\">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://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/sti-extends-gains-finishes-09","article_id":"1123184128","we_media_id":null,"thumbnails":[],"rights":{"source":"lsy1607307803821","url":"https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/sti-extends-gains-finishes-09","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1123184128","pubTimestamp":1680603162,"sourceInfo":{"source_id":"lsy1607307803821","name":"The Business Times"},"weMediaInfo":null,"summary":"SINGAPORE shares rose on Tuesday (Apr 4), extending the previous day’s gains and taking its cue from","collect":0,"end_time":0,"defaultTopTitle":"businesstimes.com.sg","property":[],"viewcount":null,"language":"en","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"translate_title":"STI延续涨势，收盘上涨0.9%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STI.SI":0.9},"content_text":"SINGAPORE shares rose on Tuesday (Apr 4), extending the previous day’s gains and taking its cue from overnight gains in Wall Street, as contagion worries over recent banking woes in US and Europe appeared to have subsided. Even so, investors’ angst over inflationary pressures continued to persist.The key Straits Times Index (STI) finished the day up 30.04 points or 0.9 per cent at 3,311.12. Elsewhere, most key gauges across the region posted gains, although those in Hong Kong and Malaysia dipped.The failures of Silicon Valley Bank and Signature Bank in the US, and Credit Suisse in Europe, have triggered concerns over a potential broader systemic risk, as well as over their implications on global growth and interest rate trajectory. For now, investors seem reassured by the prompt actions by regulators in terms of contagion impact, although those worries are likely to remain at the back of their minds.A fresh risk to inflation outlook has emerged following the oil cartel’s surprise move to slash output, which was perceived as being prompted by a slowing macro economy. The latest decision may keep crude oil prices elevated, which could in turn potentially pile pricing pressures. This could offset recent cheer over the decline in core inflation in many parts of the world.Phillip Nova in a research report said: “The production cuts announced by Opec+, much cheered by oil bulls, have complicated the inflation outlook even further, and added to the headwinds faced by risky assets and equities.“Markets that hoped the Federal Reserve would pivot soon, have started to re-evaluate the possibilities of a stretched period of rate hikes. Additionally, the softer manufacturing activity data points to the possibility of the US economy heading into a recession.”It added: “Going ahead, investors are likely to evaluate economic indicators coupled with a heavy dose of earnings, while US jobless-claims and the health of the labour market will help project the Fed’s future rate path.”  Turnover on the local bourse stood at two billion units worth S$1.3 billion, with 350 counters up and 248 down. Gains were led by Singapore’s banking trio DBS : D05 +1%, OCBC : O39 +1.61% and UOB : U11 +0.98% as well as Sembcorp Marine : S51 +1.63% and Singtel : Z74 +0.8%.Transport giant ComfortDelGro : C52 +0.83% shares rose S$0.01 or 0.8 per cent to S$1.21 on Tuesday. RHB Research said the company is poised to benefit from rising demand for its public transport and taxi services in the second half of this year. It cited higher tourist arrivals as another major boost for a strong increase in ridership.The house has a “buy” rating on ComfortDelGro shares, with a target price of S$1.40.Mapletree Logistics Trust : M44U +1.71%(MLT) inched up S$0.03 or 1.7 per cent to S$1.78. MLT recently announced a deal to acquire eight logistics assets in Japan, South Korea and Australia, and is in talks for further property acquisitions and divestments in Greater China to ramp up its regional footprint.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9941777441,"gmtCreate":1680606299684,"gmtModify":1680606304480,"author":{"id":"4100325483048030","authorId":"4100325483048030","authorIdStr":"4100325483048030","name":"Chris Tan","avatar":"https://community-static.tradeup.com/news/234d0c8219838a66f0165bcb29277534","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4100325483048030"},"htmlText":"Banks are very conservative and should do well for first quarter. More dividends on the way 👏","listText":"Banks are very conservative and should do well for first quarter. More dividends on the way 👏","text":"Banks are very conservative and should do well for first quarter. More dividends on the way 👏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941777441","repostId":1123184128,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9941773509,"gmtCreate":1680605434802,"gmtModify":1680605438044,"author":{"id":"4087615527120920","authorId":"4087615527120920","authorIdStr":"4087615527120920","name":"carmentan","avatar":"https://static.tigerbbs.com/cd9ea22b23fd4fface94ed84d5239cf4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087615527120920"},"htmlText":"mmeiil &nbsp; mm","listText":"mmeiil &nbsp; mm","text":"mmeiil mm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941773509","repostId":1123184128,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":29,"commentSize":2,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}