Singapore Shares Edge Up 0.1%, Led by REITs, Telcos -- Market Talk

Dow Jones
01-28

0436 GMT - Singapore's FTSE Straits Times Index closed 0.1% higher at 3801.07, led by REITs and telecom stocks. As a value-focused index, the STI seems to have been spared from the U.S. tech carnage overnight, says IG market strategist Yeap Jun Rong says. Investors sought shelter in more defensive assets and the STI stood out as a "traditional safety play" in the region, he wrote. Investors await the Fed meeting for clues about future monetary policy, which influence appetite for riskier assets like stocks. Among advancers, CapitaLand Ascendas REIT climbed 1.95%, Singtel rose 1.9% and Frasers Logistics & Commercial Trust was up 1.7%. Meanwhile, Sembcorp Industries dropped 2.2% and Yangzijiang Shipbuilding lost 2.0%.(amanda.lee@wsj.com)

 

(END) Dow Jones Newswires

January 27, 2025 23:36 ET (04:36 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10