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Singapore shares rise before CNY break; STI up 0.1%
The Straits Times
|January 29, 2025
• Ascendas Reit is top gainer; Sembcorp is biggest loser • In broader market, gainers outnumber losers 249 to 186 • Australian tech shares smashed like their US peers
The tech-stock meltdown that hammered Wall Street overnight had little effect here as investors wound down for the Chinese New Year break on a positive note, albeit a muted one.
The half-day of trading left the Straits Times Index (STI) up a modest 0.1 per cent, or 4.36 points, at 3,801.07. In the broader market, gainers outnumbered losers 249 to 186 on thin trade of 622.7 million securities worth $904.1 million.
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