STI rises 1.2% on Nov 11 amid mixed regional performance
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Across the broader market on Nov 11, advancers outnumber decliners 295 to 269, with 1.6 billion shares worth $1.9 billion changing hands.
PHOTO: ST FILE
Benjamin Cher
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- The Straits Times Index (STI) increased by 1.2% to 4,542.20, while the iEdge Singapore Next 50 Index rose 0.5% to 1,456.04.
- Local banks performed well, with DBS, UOB and OCBC all closing higher. Genting Singapore was the top gainer, while Sats was the biggest loser.
- Regional indices showed mixed performance, with the Kospi and Hang Seng Index rising, while the Nikkei 225 experienced a decline.
AI generated
SINGAPORE – The Straits Times Index (STI) closed up on Nov 11, while regional indexes were mixed.
The STI rose 1.2 per cent, or 54.07 points, to 4,542.20. The iEdge Singapore Next 50 Index also closed higher, gaining 0.5 per cent, or 7.11 points, to 1,456.04.
Across the broader market, advancers outnumbered decliners 295 to 269 after 1.6 billion shares worth $1.9 billion changed hands.
The trio of local banks closed higher. DBS Bank was up 1.5 per cent, or 81 cents, at $55.08. UOB rose 1 per cent, or 35 cents, to $34.03. OCBC Bank gained 2 per cent, or 36 cents, to $18.55.
Genting Singapore remained the top gainer on the STI, advancing 3.9 per cent, or three cents, to 80 cents.
The biggest loser was Sats, falling 0.6 per cent, or two cents, to $3.48.
Across the region, major indexes had a mixed showing on Nov 11, with Japan’s Nikkei 225 down 0.1 per cent and South Korea’s Kospi up 0.8 per cent. Hong Kong’s Hang Seng Index rose 0.2 per cent and Malaysia’s KLCI advanced 0.5 per cent. THE BUSINESS TIMES
