THE positive start to the second quarter in equity markets continued to gain steam as investors in Asia cheered healthy PMI data from China and the US, growing optimism over US-China trade talks and cheap borrowing costs.
Trading clocked in at 925.28 million securities, about 67 per cent of the daily average over the first two months of 2019. Total turnover came to S$1.16 billion, 12 per cent over the January-to-February daily average. Advancers outnumbered decliners 227 to 176.
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Singapore stocks: STI resumes Tuesday afternoon at 3,270.38, up 0.61% on daySINGAPORE stocks advanced as trading resumed on Tuesday afternoon, with the Straits Times Index increasing 0.61 per cent or 19.87 points on the day to 3,270.38 as at 1.05pm. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Singapore shares gain 1.2% on upbeat China data, progress in trade talksTHERE was much to cheer on Monday as markets in Asia kicked off the second quarter in positive territory, on the back of both official and private Chinese purchasing managers' index figures for March beating expectations, and positive sentiment emanating from US-China trade talks. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »