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STI falls 1.1% as traders take stock of China's stimulus measures

The Straits Times

|

September 26, 2024

● Gainers outpace losers 302 to 289 on trade of 1.4b securities ● Mapletree Pan Asia Commercial Trust tops STI ● Three local banks continue drop; regional indexes mixed

- Benjamin Cher

Local shares took a tumble on Sept 25 as investors here and across the region took stock of China's new stimulus measures.

The Straits Times Index (STI) declined 1.1 per cent, or 39.47 points, to 3,583.27, although gainers beat losers 302 to 289 on trade of 1.4 billion securities worth $1.4 billion.

Mapletree Pan Asia Commercial Trust was the STI's biggest gainer, up 0.7 per cent to $1.47, possibly on optimism over the stimulus measures.

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