CapitaLand, on the other hand, was at the bottom of the index, falling S$0.01 or 0.36 per cent to close at S$2.76.
Dairy Farm International and Jardine Cycle & Carriage were the other two STI constituents whose shares closed down on Tuesday, declining 0.25 per cent and 0.22 per cent respectively. Advancers outnumbered decliners 247 to 178 for the day, with 967.47 million securities worth S$1 billion changing hands.The Nikkei 225 Index rose 0.52 per cent or 121.59 points to 23,433.73; the Kospi climbed 7.90 points or 0.34 per cent to 2,365.90 - its highest close in two weeks. The Hang Seng Index closed up 212.87 or 0.9 per cent at 23,980.65.
The gains in Asian equities also tracks the latest results of the US presidential election polls. Democratic party nominee Joe Biden was still polling ahead of Mr Trump as at Monday. Said a DBS Group Research report on Tuesday:"Asian equity investors may prefer Biden's multilateral approach to Trump's unilateral and unpredictable style. Biden has said he will look to reconsider tariffs with China and end the trade war with the European Union."For daily updates on weekdays and specially selected content for the weekend. Subscribe to
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Source: The Straits Times - 🏆 8. / 63 Read more »