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STI crosses 4,000 mark for the first time, closes 0.2% down
The Straits Times
|March 29, 2025
• Psychological milestone shows 'strong investor confidence' • Forgettable day for trio of banks, all closing downwards • Regional markets follow lacklustre session on Wall St
It was a red-letter day — at least initially — for local shares on March 28 when the Straits Times Index (STI) crossed the 4,000-point mark for the first time.
The STI hit 4,005.18 shortly after the session opened, surpassing the record high of 3,991 points clocked the day before, but then the heat went out of the market.
The index closed at 3,972.43, down 9.14 points or 0.2 per cent from the day before. Across the broader market, losers pipped gainers 251 to 230 on trade of 1.3 billion shares worth $1.3 billion.
This story is from the March 29, 2025 edition of The Straits Times.
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