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STI up 0.2% despite release of worrying US inflation data

The Straits Times

|

February 14, 2025

• Gainers edge out losers 281 to 261 on the broader market • HK, Malaysia bourses slip; Japan, Australia end higher • Dow and S&P 500 retreat, while Nasdaq closes flat

- Mia Pei

Worrying inflation data released in the US overnight failed to prevent local shares from inching north on Feb 13.

The Straits Times Index (STI) gained 7.96 points, or 0.2 per cent, to 3,882.58, with gainers pipping losers 281 to 261 on trade of 1.7 billion securities worth $1.5 billion.

Seatrium led the STI, extending Feb 12's rally to end 10.9 per cent higher at $2.55.

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