Singapore Stocks Rise on Optimism Over China’s Recovery; STI up 1%

4
Comment
Favorite

Singapore Stocks Rise on Optimism Over China’s Recovery; STI up 1%

The Business Times2023-09-15

The Straits Times Index (STI) gained 1 percent or 31.18 points to 3,280.69 on Friday (Sep 15) amid a lifting of sentiment across regional markets as Chinese economic data beat expectations.For the ...

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

No comments yet

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/1168035529?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-09-15 18:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1168035529","market":"sg","top_or_hot":-1,"title":"Singapore Stocks Rise on Optimism Over China’s Recovery; STI up 1%","media":"The Business Times","content":"<div>\n<p>The Straits Times Index (STI) gained 1 percent or 31.18 points to 3,280.69 on Friday (Sep 15) amid a lifting of sentiment across regional markets as Chinese economic data beat expectations.For the ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/singapore-stocks-rise-optimism-over-chinas-recovery-sti-1\">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>Singapore Stocks Rise on Optimism Over China’s Recovery; STI up 1%</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 Rise on Optimism Over China’s Recovery; STI up 1%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-15 18:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/singapore-stocks-rise-optimism-over-chinas-recovery-sti-1><strong>The Business Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Straits Times Index (STI) gained 1 percent or 31.18 points to 3,280.69 on Friday (Sep 15) amid a lifting of sentiment across regional markets as Chinese economic data beat expectations.For the ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/singapore-stocks-rise-optimism-over-chinas-recovery-sti-1\">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/singapore-stocks-rise-optimism-over-chinas-recovery-sti-1","article_id":"1168035529","we_media_id":null,"thumbnails":[],"rights":{"source":"lsy1607307803821","url":"https://www.businesstimes.com.sg/companies-markets/singapore-stocks-rise-optimism-over-chinas-recovery-sti-1","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1168035529","pubTimestamp":1694772032,"sourceInfo":{"source_id":"lsy1607307803821","name":"The Business Times"},"weMediaInfo":null,"summary":"The Straits Times Index (STI) gained 1 percent or 31.18 points to 3,280.69 on Friday (Sep 15) amid a lifting of sentiment across regional markets as Chinese economic data beat expectations.For the wee","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":"新加坡股市因对中国复苏的乐观情绪而上涨；STI上升1%","themeId":"8dd8b3510ee24ff1ba7734bf3b11b502","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STI.SI":1.1},"content_text":"The Straits Times Index (STI) gained 1 percent or 31.18 points to 3,280.69 on Friday (Sep 15) amid a lifting of sentiment across regional markets as Chinese economic data beat expectations.For the week, the STI ended up 2.3 percent.Across the broader market, gainers beat losers 351 to 227 after 1.8 billion securities worth S$1.7 billion changed hands.Major markets in the region ended in the black. Japan’s Nikkei 225 index and South Korea’s Kospi gained 1.1 per cent, while Hong Kong’s Hang Seng Index rose 0.8 percent.SPI Asset Management managing partner Stephen Innes noted that markets turned “surprisingly bubbly” as China’s retail sales and factory output exceeded forecasts.“There’s a growing sense of optimism among a cohort of investors who believe that Beijing’s recent initiatives to stimulate the economy and stabilise financial markets are showing signs of success, following the sharp sell-off in August that witnessed record foreign fund outflows from onshore China stocks,” he said.However, he advocated caution, adding that a single month of positive data is not sufficient to confirm “a sustained path to recovery”.“There have been indications that the initial surge in spending activity seen earlier this year is starting to taper off, and the persisting challenges in the real estate sector remain a significant hurdle to overcome,” he said.The top gainer on the STI was Mapletree Pan Asia Commercial Trust. It rose 2.7 percent or S$0.04 to S$1.53.Emperador was at the bottom of the table. It shed 1 percent or S$0.005 to S$0.51.","kind":"news","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":[],"hasMoreComments":false,"newsSizeData":{"likeSize":4,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}