Singapore stocks end four days of losses; STI closes 1.6% higher

Quick Summary:

Across the broader market, gainers beat decliners 379 to 207.

Wall Street set the pace: The S&P 500 rallied 1 per cent, lifted by gains in all 11 sectors; the Dow Jones Industrial Average added 0.8 per cent; and the Nasdaq put on 1 per cent.

The welcome turnaround, sparked in large part by a solid rebound on Wall Street overnight, propelled the Straits Times Index (STI) up 1.6 per cent or 51.28 points to 3,249.72.

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Article Details

Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Billion Singapore Four Earnings Gainers Losses Stocks Cent Days Closes Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-07 @ 18:48:04 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 512 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 21970508

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 20 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 3 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

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