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Singapore shares buck regional declines to close higher

The Straits Times

|

January 07, 2025

• STI up 0.5%; gainers pip losers 263 to 258 in broader market • Keppel is STI's top gainer; all three local banks close higher • Japan and HK markets down; South Korea's Kospi climbs

- Ranamita Chakraborty and Therese Soh

Singapore stocks ended higher on Jan 6 despite falls across the region amid the Federal Reserve's hawkish stance.

The Straits Times Index rose 0.5 per cent or 20.01 points to 3,821.84. Across the broader market, gainers barely beat losers 263 to 258 with 945.4 million securities worth $854.5 million changing hands.

Keppel was the top gainer on the index, climbing 1.7 per cent to $7. CapitaLand Investment fell the most, down 1.5 per cent at $2.64.

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