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Singapore shares little changed at midday

Published on Jan 16, 2014 12:04 PM
 

Singapore shares were little changed at midday on Thursday, even after a strong lead by Wall Street, where the S&P 500 index closed at a record high overnight.

The benchmark Straits Times Index was down 0.98 points, or 0.03 per cent, at 3,142.27 at noon.

Meanwhile, Asian stocks rose on the whole. The MSCI Asia Pacific Index climbed 0.2 per cent to 139.67 on Thursday morning,

"For the time being, I think the fundamental story is real and strong enough to keep the market going," Mr said Mikio Kumada, a Hong Kong-based global strategist for LGT Capital Partners.

 
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