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

Dow Jones

Jan 28, 2025

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)

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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 &amp; Commercial Trust was up 1.7%. Meanwhile, Sembcorp Industries dropped 2.2% and Yangzijiang Shipbuilding lost 2.0%.(amanda.lee@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 27, 2025 23:36 ET (04:36 GMT)\n</p>\n<p>\n  Copyright (c) 2025 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 Up 0.1%, Led by REITs, Telcos -- 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 Up 0.1%, Led by REITs, Telcos -- 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\">2025-01-28 12:36</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     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 &amp; Commercial Trust was up 1.7%. Meanwhile, Sembcorp Industries dropped 2.2% and Yangzijiang Shipbuilding lost 2.0%.(amanda.lee@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 27, 2025 23:36 ET (04:36 GMT)\n</p>\n<p>\n  Copyright (c) 2025 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":"CFA.SI","symbol_name":"NikkoAM-STC Asia REIT","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2506550470","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2506550470","pubTimestamp":1738038960,"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":"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%. 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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) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 27, 2025 23:36 ET (04:36 GMT)\n\n\n  Copyright (c) 2025 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":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}