Singapore stocks rise even as trade tariff fears hurt market sentiment in Asia; STI up 0.2%

Quick Summary:

The local lenders were mixed: DBS Bank gained 1 per cent to $42.78; OCBC Bank was up 0.6 per cent to $16.26; and UOB fell 0.1 per cent to $35.50.

Hong Kong’s Hang Seng Index shed 0.1 per cent, while Japan’s Nikkei 225 retreated 1.7 per cent and the Kospi in Seoul declined 2.6 per cent.

Thai Beverage was the STI’s top gainer, rising 2 per cent to 52 cents, while Frasers Logistics and Commercial Trust was at the bottom of the table, shedding 3 per cent to 97 cents.

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Article Details

Category: EconomyBusiness

Markets: SingaporeAustraliaChinaHong KongJapan

Topics: Regional Tariff Cent Fears Market Stocks Sentiment Trade Hurt Edge Singapore

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 18:43:57 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 542 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 22 words per sentence (average)

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

Copyright Owner: © The Straits Times

News ID: 23569718

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

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