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Singapore stocks rise 0.3% despite Yangzijiang's steep dive
The Straits Times
|February 28, 2025
Better sentiment on Wall Street overnight helps lift STI Yangzijiang down 9% despite posting earnings of $664.9m Banks close mixed: UOB and OCBC rise while DBS falls
Positive corporate earnings and a general lift in sentiment on Wall Street overnight put local investors in the mood to step up trading on Feb 27.
The optimistic frame of mind helped push the benchmark Straits Times Index (STI) up 0.3 per cent or 13.14 points to 3,921.2. But losers pipped gainers 289 to 269 on markedly solid turnover of 1.9 billion securities worth $2 billion.
This story is from the February 28, 2025 edition of The Straits Times.
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