Singapore shares up slightly ahead of Fed’s rate decision

Singapore stocks finished slightly higher on Dec 1, as investors await the US central bank’s interest rate decision.

- Tay Peck Gek

The benchmark Straits Times Index (STI) barely budged, inching up 2.26 points, or less than 0.1 per cent, to 4,526.22 points, while the iEdge Singapore Next 50 Index had a better showing, rising 1.42 points, or 0.1 per cent, to 1,448.63 points.

Still, decliners beat gainers marginally 279 to 271 across the broader market, as 1.3 billion securities worth $1.4 billion were transacted.