STI at highest level so far this year

The rally in Asian markets continued to build up on the back of improving prospects of a US-China trade deal even though International Monetary Fund chief Christine Lagarde warned of slower growth in many economies.

On yesterday's market performance, IG market strategist Pan Jingyi noted that"the bids for equities continued to come through the late session despite breaking out of the STI's resistance level of 3,300, which highlights strength". Total turnover did not fare badly either, at $1.42 billion, 39 per cent above the January-to-February daily average. Advancers outnumbered decliners 245 to 190.

China Everbright plans to keep Ying Li listed and does not plan to exercise any right of compulsory acquisition but said that it will re-evaluate if the free float requirements are not met at the close of the offer.

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

STI hits highest closing level of 2019The positive start to the second quarter in equity markets continued to gain steam for investors in Asia. IG market strategist Pan Jingyi acknowledged that the synchronised manufacturing surprises out of China and the US on Monday drove risk-on sentiment...
Source: thenewpaper - 🏆 7. / 63 Read more »

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 stocks: STI resumes Wednesday afternoon at 3,308.15, up 0.86% on daySINGAPORE stocks edged up as trading resumed on Wednesday afternoon, with the Straits Times Index advancing 0.86 per cent or 28.37 points on the day to 3,308.15 as at 1.04pm. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Singapore stocks: STI resumes Thursday afternoon at 3,312.42, up 0.03% on daySINGAPORE stocks edged up as trading resumed on Thursday afternoon, with the Straits Times Index advancing 0.03 per cent or 1.15 points on the day to 3,312.42 as at 1.04pm. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Singapore shares rise at Friday's open; STI up 0.67% to 3,225.01SINGAPORE stocks opened higher on Friday, with the Straits Times Index heading up 0.67 per cent or 21.43 points to 3,225.01 as at 9.05am following overnight gains in US markets. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Singapore stocks: STI resumes Friday afternoon at 3,218.36, up 0.46%SINGAPORE stocks stayed aloft as trading resumed on Friday after the mid-day break, with the Straits Times Index moving up 0.46 per cent or 14.78 points to 3,218.36 as at 1.00pm to stay on pace for a positive week. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Global economic worries stall STI gainsThe spectre of slowing global economic growth returned to haunt markets yesterday, as slides in developed markets' sovereign bond yields continued to stoke recession fears. The Singapore market experienced a near repeat of the previous day's performance, with the Straits...
Source: thenewpaper - 🏆 7. / 63 Read more »

Singapore stocks: STI resumes Monday afternoon at 3,240.00, up 0.84% on daySINGAPORE stocks continued their morning uptick when trading resumed on Monday afternoon, with the Straits Times Index advancing 0.84 per cent or 27.12 points on the day to 3,240.00 as at 1.03pm. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »