Singapore stocks end higher amid mixed regional trading; STI up 0.5%
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Singapore's Straits Times Index (STI) rose 0.5% to 4,655.38 on December 30, amid mixed regional market performance. Gainers outnumbered decliners 299 to 203, with Jardine Matheson leading the rise at 2.5%. Local banks also saw gains, while DFI Retail Group was the biggest decliner. Regional indices showed mixed results, with Hong Kong's Hang Seng up 0.9% and Japan's Nikkei down 0.4%. Analysts suggest that while the stock market has performed well, future gains may be more muted due to valuation limits and geopolitical concerns.
Source: Businesstimes The copyright of this article belongs to the original author/organization.
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