STI continues rally on Wednesday’s close

Businesstimes
2025.11.12 10:05
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Singapore stocks closed higher on November 12, with the Straits Times Index (STI) rising 0.6% to 4,568.91. The iEdge Singapore Next 50 Index also gained 0.1%. Overall, gainers outnumbered losers 324 to 257, with 1.8 billion securities traded. Jardine Matheson led the blue-chip gainers, while Mapletree PanAsia Commercial Trust was the worst performer. Local banks had mixed results. Market sentiment is improving with the potential lifting of the US government shutdown, according to SPI Asset Management's Stephen Innes.