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Singapore stocks rise amid mixed regional trading; STI up 0.6%
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Singapore stocks rose on Monday with the Straits Times Index (STI) up 0.6% to 4,496.63. The iEdge Singapore Next 50 Index fell 1.2%. Key regional indices were mixed. Positive news for Singapore's equity market included a raised 2025 GDP growth forecast and the announcement of the second batch of asset managers for the Equity Market Development Programme. Jardine Matheson Holdings led gains on the STI, while Singapore Exchange was the worst performer. Local banks had mixed results.
Source: Businesstimes The copyright of this article belongs to the original author/organization.
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