Skip to main content

Posts

Showing posts with the label Straits Times Index

Featured Post

Market Daily Report: Bursa Malaysia Ends Higher On Bargain Hunting Ahead Of BNM Rate Decision

KUALA LUMPUR, Sept 2 (Bernama) -- Bursa Malaysia ended higher on Wednesday on bargain hunting following the recent sell-off, ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision on Thursday. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 8.20 points 1,708.74, compared with Tuesday’s close of 1,700.54. The benchmark index opened 0.42 of a point better at 1,700.96 and fluctuated between 1,695.89 and 1,709.71 throughout the day. On the broader market, losers trounced gainers 746 to 424, while 554 counters were unchanged, 1,048 untraded and 17 suspended. Turnover declined to 4.20 billion units valued at RM3.52 billion from 5.52 billion units valued at RM4.42  billion on Tuesday. 

Singapore Market Wrap: REITs Shine as Banks and Shipbuilders Drag STI

Quick Summary Singapore stocks ended  mixed  on Friday as  REITs led gains  while  banks and industrial names weighed on sentiment . The Straits Times Index (STI) saw selective buying interest despite heavy turnover in blue chips. Key Takeaways CapitaLand Integrated Commercial Trust (C38U)  topped the STI,  rising 2.94%  to S$2.45, driven by renewed interest in defensive yield plays. YZJ Shipbuilding (BS6)  was the biggest laggard,  slumping 6.23% , as investors pared exposure to cyclical industrial stocks. DBS Group (D05)  was the most actively traded counter,  down 0.6%  to S$59.30, reflecting profit-taking in bank heavyweights. REITs outperformed , with several trusts posting gains amid global volatility and falling risk appetite. Market activity remained elevated, signalling  portfolio rotation rather than broad-based selling . Market Snapshot Top Gainer (STI):  CapitaLand Integrated Commercial Trust +2.94% T...