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BullsAndBears STI on a roll, hits fresh 52-week high to buck regional trend
The Straits Times
|September 12, 2024
Local investors defied the wary sentiment seen on Wall Street and around the region to drive the local market to a 52-week high for the second day running.
The Straits Times Index ended at 3,531.17 points, up 18.5 points or 0.5 per cent. Gainers edged out losers 287 to 235 on trade of 875.3 million securities worth $1.47 billion.
It was a different story elsewhere, with Wall Street turning in a mixed effort overnight on the back of weakness in bank stocks that offset much of the 11 per cent gain booked by Oracle after the software giant posted robust results.
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