Singapore Shares Move Up Post the Optimism Showed By Donald Trump, STI up 0.2%

As the wall Street stocks gained overnight, after the optimism showed by the US President, Donald Trump regarding a possible trade deal with China. The broader S&P 500 gained 0.6%, led by gains in technology and consumer shares, while the tech-rich Nasdaq was up 1.1%, and the Dow Jones Industrial Average rose 0.6%.

As mentioned in the article released by the Business Times, as far as the Singapore Market is concerned, the gainers outnumbered the 64 to 58 with about 29.6 millions shares worth S$47.8 million changed hands. 

Companies that gained since last night: 

  • Yangzijiang Shipbuilding up 0.5% to 99 cents (2.3m shares traded)
  •  DBS up 0.6% to S$24.87
  • OCBC moved 0.5% to S$10.8
  • UOB up 0.04% to S$25.39
  • Yanlord Land rose 0.8% to S$1.2

Other active stocks include Mapletree Industrial Trust, that fell 1.2% to S$2.46. 

Among the most traded share by volume, Rex International gained 1.2% to 8.3 cents, with almost 3 million shares traded.

Written by

Cheryl Toh

Last updated on

September 26th 2019, 11:16 am

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