Singapore stocks traded higher on Thursday — STI rose 0.6%

The Independent Singapore

23 Jan

SINGAPORE: Singapore stocks traded higher on Thursday (Jan 23), reflecting gains in global markets overnight. The Straits Times Index (STI) rose 0.6% or 21.3 points to 3,802.51 at 9:01 am, The Business Times reported.

In the broader market, 74 securities gained while 24 declined, and 41.4 million securities valued at S$63.3 million were traded.

Yangzijiang Financial led in trading volume, rising 3.5% or S$0.015 to S$0.445 with 8.3 million shares traded. Ley Choon Group, a construction and engineering company, jumped 12.5% or S$0.006 to S$0.054.

Banking stocks also performed well at Thursday’s open. DBS climbed 0.8% or S$0.36 to S$43.68. UOB gained 0.7% or S$0.25 to S$37.26, while OCBC rose 0.6% or S$0.10 to S$17.13.

Wall Street stocks closed higher on Wednesday, supported by Netflix’s quarterly report and US President Donald Trump’s private-sector AI investment plan.

The S&P 500 rose 0.6% or 37.13 points to 6,086.37, reaching an intraday record of 6,100.81. The Nasdaq Composite Index advanced 1.3% or 252.56 points to 20,009.34, while the Dow Jones Industrial Average Index gained 0.3% or 130.92 points to 44,156.73.

European markets also closed higher, led by gains in technology and industrial sectors. The pan-European Stoxx 600 index rose 0.4% to 528.04, its highest level since September 2024. /TISG

Read also: Singapore shares traded higher on Wednesday morning—STI rose 0.2%

Featured image by Depositphotos

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The Straits Times Index (STI) rose 0.6% or 21.3 points to 3,802.51 at 9:01 am, The Business Times reported.</span></p><p>In the broader market, 74 securities gained while 24 declined, and 41.4 million securities valued at S$63.3 million were traded.</p><p><span>Yangzijiang Financial led in trading volume, rising 3.5% or S$0.015 to S$0.445 with 8.3 million shares traded. Ley Choon Group, a construction and engineering company, jumped 12.5% or S$0.006 to S$0.054.</span></p><p><span>Banking stocks also performed well at Thursday’s open. DBS climbed 0.8% or S$0.36 to S$43.68. UOB gained 0.7% or S$0.25 to S$37.26, while OCBC rose 0.6% or S$0.10 to S$17.13.</span></p><p><span>Wall Street stocks closed higher on Wednesday, supported by Netflix’s quarterly report and US President Donald Trump’s private-sector AI investment plan.</span></p><p><span>The S&amp;P 500 rose 0.6% or 37.13 points to 6,086.37, reaching an intraday record of 6,100.81. 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The Straits Times Index (STI) rose 0.6% or 21.3 points to 3,802.51 at 9:01 am, The ...</p>\n\n<a href=\"https://theindependent.sg/singapore-stocks-traded-higher-on-thursday-sti-rose-0-6/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STI.SI","symbol_name":"富时新加坡海峡指数","start_time":0,"source_url":"https://theindependent.sg/singapore-stocks-traded-higher-on-thursday-sti-rose-0-6/","article_id":"2505034618","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2505034618","pubTimestamp":1737604707,"columns":[],"sourceInfo":{"source_id":"theIndependentSg_highlight","name":"The Independent Singapore"},"weMediaInfo":null,"summary":"SINGAPORE: Singapore stocks traded higher on Thursday (Jan 23), reflecting gains in global markets overnight.…","collect":0,"end_time":0,"defaultTopTitle":"theindependent.sg","property":[],"viewcount":null,"language":"en","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"translate_title":"新加坡股市周四走高——海指上涨0.6%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STI.SI":1},"content_text":"SINGAPORE: Singapore stocks traded higher on Thursday (Jan 23), reflecting gains in global markets overnight. 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