Among other index stocks, Singtel was trading down S$0.01 or 0.29 per cent at S$3.44 with about 1.3 million shares changing hands. Meanwhile, Ascendas Reit units gained one Singapore cent or 0.33 per cent at S$3.01.and continued positive sentiment over the Federal Reserve's dovish tilt.
The S&P 500 ended Thursday up 1 per cent at 2,954.18, about eight points over the record set in April. The Dow Jones Industrial Average gained 0.9 per cent, while the tech-rich Nasdaq Composite Index advanced 0.8 per cent.on Thursday amid dovish signals from the Bank of England and Fed, and optimism around the resumption US-China trade talks.
The pan-European Stoxx 600 index finished 0.4 per cent higher, with most country indices in the black as investors globally priced in the prospect of an easing of US interest rates next month and more to follow. In other Asian markets, Tokyo slid in the morning due to negative impact from a firmer yen against the US dollar, overriding positive sentiment from rallies on Wall Street.
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Source: BusinessTimes - 🏆 15. / 51 Read more »