
Singapore stocks track regional gains; STI up 0.1%

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Singapore stocks rose on Jan 9, with the Straits Times Index (STI) up 0.1% to 4,744.66, supported by strong regional performance. Gainers outnumbered losers 289 to 236, with 1.3 billion securities traded. Jardine Matheson led the gains, rising 4.3%, while OCBC fell 1.8% after a downgrade by JP Morgan. Other banks, DBS and UOB, saw slight increases. The positive trend comes ahead of a potential Supreme Court ruling on US tariffs, though uncertainty remains regarding its impact on trade.

