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STI adds 0.1%, bucking regional rout after Wall Street losses

The Straits Times

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October 25, 2024

Local shares defied the rout on most regional markets after a downbeat session on Wall Street to inch into positive territory on Oct 24.

- Tay Peck Gek

The benchmark Straits Times Index (STI) added 0.1 per cent, or 4.17 points, to 3,604.95 with losers beating out gainers 313 to 217 on trading volumes of 1.3 billion securities worth $1.1 billion.

Two Jardine companies bookended the STI tally. DFI Retail Group clocked a 2.6 per cent rise to US$2.36, making the Asian retailer, with brands including Cold Storage, the top STI performer. Hongkong Land, in contrast, reported a 2 per cent dip to US$3.95.

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