Singapore stocks ride Asian wave amid US ‘self-sabotage’; STI up 0.9%
Singapore's Straits Times Index (STI) rose 0.9% to 4,807.13 on January 13, as investors turned to Asian equities amid negative sentiment in the US. Advancers outnumbered decliners 388 to 218, with 1.5 billion shares traded. Keppel was the top performer, gaining 3.1%, while Jardine Matheson Holdings was the biggest loser, dropping 0.6%. Local banks DBS, UOB, and OCBC also saw gains. Key Asian markets, including Japan and South Korea, closed higher.
Straitstimes·