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Local stocks rise on robust GDP growth data; STI up 0.6%

The Straits Times

|

October 15, 2024

● Fastest pace of GDP growth here since third-quarter 2022 ● Thai Beverage leads gains on STI; Yangzijiang top loser ● Across broader market, losers outnumber gainers 301 to 254

- Mia Pei

Stocks in Singapore cheered robust gross domestic product (GDP) growth data released on Oct 14.

The benchmark Straits Times Index (STI) was up 0.6 per cent or 22.15 points at 3,595.91 at the close. Across the broader market, losers outnumbered gainers 301 to 254, after 1.3 billion securities worth $977 million changed hands.

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