Singapore Shares Edge 0.2% Higher, Tracking U.S. Futures -- Market Talk

Dow Jones

2024/09/13

0939 GMT - Singapore's FTSE Straits Times Index closed 0.2% higher at 3562.65, tracking U.S. futures. There was risk-on sentiment overnight amid dip buying in tech stocks ahead of the anticipated Fed rate cut next week, despite the uptick in August PPI figures, which were higher than market expectations, the Commerzbank Research team said in a note. Yangzijiang Shipbuilding rose 3.2%, Frasers Logistics & Commercial Trust gained 1.7% and ST Engineering was 1.3% higher. Among decliners, Hongkong Land fell 3.2%, while Singapore Exchange and DFI Retail Group each lost 1.1%. (kimberley.kao@wsj.com)

(END) Dow Jones Newswires

September 13, 2024 05:39 ET (09:39 GMT)

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There was risk-on sentiment overnight amid dip buying in tech stocks ahead of the anticipated Fed rate cut next week, despite the uptick in August PPI figures, which were higher than market expectations, the Commerzbank Research team said in a note. Yangzijiang Shipbuilding rose 3.2%, Frasers Logistics &amp; Commercial Trust gained 1.7% and ST Engineering was 1.3% higher. Among decliners, Hongkong Land fell 3.2%, while Singapore Exchange and DFI Retail Group each lost 1.1%. (kimberley.kao@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 13, 2024 05:39 ET (09:39 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Shares Edge 0.2% Higher, Tracking U.S. Futures -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Shares Edge 0.2% Higher, Tracking U.S. Futures -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-09-13 17:39</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0939 GMT - Singapore's FTSE Straits Times Index closed 0.2% higher at 3562.65, tracking U.S. futures. There was risk-on sentiment overnight amid dip buying in tech stocks ahead of the anticipated Fed rate cut next week, despite the uptick in August PPI figures, which were higher than market expectations, the Commerzbank Research team said in a note. Yangzijiang Shipbuilding rose 3.2%, Frasers Logistics &amp; Commercial Trust gained 1.7% and ST Engineering was 1.3% higher. Among decliners, Hongkong Land fell 3.2%, while Singapore Exchange and DFI Retail Group each lost 1.1%. (kimberley.kao@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 13, 2024 05:39 ET (09:39 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0164939612.USD","symbol_name":"HSBC GIF ASIA EX JAPAN SMALLER CO. \"AC\" ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2467749691","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2467749691","pubTimestamp":1726220340,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0939 GMT - Singapore's FTSE Straits Times Index closed 0.2% higher at 3562.65, tracking U.S. futures. There was risk-on sentiment overnight amid dip buying in tech stocks ahead of the anticipated Fed rate cut next week, despite the uptick in August PPI figures, which were higher than market expectations, the Commerzbank Research team said in a note. Yangzijiang Shipbuilding rose 3.2%, Frasers Logistics & Commercial Trust gained 1.7% and ST Engineering was 1.3% higher. Among decliners, Hongkong Land fell 3.2%, while Singapore Exchange and DFI Retail Group each lost 1.1%. 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There was risk-on sentiment overnight amid dip buying in tech stocks ahead of the anticipated Fed rate cut next week, despite the uptick in August PPI figures, which were higher than market expectations, the Commerzbank Research team said in a note. Yangzijiang Shipbuilding rose 3.2%, Frasers Logistics & Commercial Trust gained 1.7% and ST Engineering was 1.3% higher. Among decliners, Hongkong Land fell 3.2%, while Singapore Exchange and DFI Retail Group each lost 1.1%. (kimberley.kao@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 13, 2024 05:39 ET (09:39 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}