Singapore stocks gain more ground on Friday; STI up 1.5%
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Singapore stocks rose on Friday, with the Straits Times Index (STI) up 1.5% to 4,586.45. Key regional indices also saw gains, including Hong Kong's Hang Seng and Japan's Nikkei 225. Jardine Matheson led STI gainers, while Genting Singapore was the worst performer. Local banks DBS, OCBC, and UOB ended higher. The iEdge Singapore Next 50 Index saw Hong Leong Asia as the top performer and Keppel Reit as the biggest loser. Tech stocks faced pressure following Oracle's report, impacting investor sentiment.
Source: Businesstimes The copyright of this article belongs to the original author/organization.
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