Singapore Exchange Market gains 0.3%

Image
Last Updated : May 14 2024 | 4:50 PM IST
The Singapore share market finished session slightly higher on Tuesday, 14 2024, with shares in banking and realty stocks leading gains. Market gains were, however, limited on caution ahead of US inflation report later this week that will determine when the Federal Reserve will cut interest rates.

At closing bell, the Straits Times Index (STI) index was up 9.69 points, or 0.29% to 3,313.35 after trading between 3,298.51 and 3,313.35. Across the broader market, advancers outpaced decliners with 357 to 225, with 1.20 billion securities worth S$1.17 billion changed hands.

The biggest gainer on the STI was ST Engineering, up 4.22% to S$4.20. Frasers Logistics & Commercial Trust was the worst performer on the STI for the day, down 2.94% to S$0.99.

Banking stocks ended the day mostly higher. United Overseas Bank was down 1.06% to S$29.89, while Oversea-Chinese Banking Corp added 0.84% at S$14.40 and DBS Group Holdings advanced 0.25% to S$35.46.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 14 2024 | 4:33 PM IST

Next Story