Monday, February 2, 2015

Singapore shares goes and ended up higher on market rebound

Local shares ended higher on Tuesday, soaking up the pressure of a further skid in oil prices that has doused the US market in a bearish mood on Monday.
The benchmark Straits Times Index STI recovered from Monday's 0. 8 per cent dip to gain 22 points, or 0.67 per cent, closing at 3,319.84 today after an intraday high of 3334.71.
STI's performance was a relative bright spot following the 0.59 per cent fall in Dow Jones Industrial Average at its previous close, while S&P 500 dropped 0.73 per cent - its largest daily percentage drop.
This came as Brent futures for January dropped to a new five-year low at $66.62 per barrel on Monday, sparking a sell-off in energy shares, while doubts over global growth outlook added to the pessimism.
SINGAPORE - Local shares ended higher on Tuesday, soaking up the pressure of a further skid in oil prices that has doused the US market in a bearish mood on Monday.
The benchmark Straits Times Index (STI) recovered from Monday's 0. 8 per cent dip to gain 22 points, or 0.67 per cent, closing at 3,319.84 today after an intraday high of 3334.71.
STI's performance was a relative bright spot following the 0.59 per cent fall in Dow Jones Industrial Average at its previous close, while S&P 500 dropped 0.73 per cent - its largest daily percentage drop.
This came as Brent futures for January dropped to a new five-year low at $66.62 per barrel on Monday, sparking a sell-off in energy shares, while doubts over global growth outlook added to the pessimism.
- See more at: http://www.straitstimes.com/news/business/markets/story/singapore-shares-end-higher-market-rebound-20141209#sthash.WEWtgmIJ.dpuf
SINGAPORE - Local shares ended higher on Tuesday, soaking up the pressure of a further skid in oil prices that has doused the US market in a bearish mood on Monday.
The benchmark Straits Times Index (STI) recovered from Monday's 0. 8 per cent dip to gain 22 points, or 0.67 per cent, closing at 3,319.84 today after an intraday high of 3334.71.
STI's performance was a relative bright spot following the 0.59 per cent fall in Dow Jones Industrial Average at its previous close, while S&P 500 dropped 0.73 per cent - its largest daily percentage drop.
This came as Brent futures for January dropped to a new five-year low at $66.62 per barrel on Monday, sparking a sell-off in energy shares, while doubts over global growth outlook added to the pessimism.
- See more at: http://www.straitstimes.com/news/business/markets/story/singapore-shares-end-higher-market-rebound-20141209#sthash.WEWtgmIJ.dpuf
SINGAPORE - Local shares ended higher on Tuesday, soaking up the pressure of a further skid in oil prices that has doused the US market in a bearish mood on Monday.
The benchmark Straits Times Index (STI) recovered from Monday's 0. 8 per cent dip to gain 22 points, or 0.67 per cent, closing at 3,319.84 today after an intraday high of 3334.71.
STI's performance was a relative bright spot following the 0.59 per cent fall in Dow Jones Industrial Average at its previous close, while S&P 500 dropped 0.73 per cent - its largest daily percentage drop.
This came as Brent futures for January dropped to a new five-year low at $66.62 per barrel on Monday, sparking a sell-off in energy shares, while doubts over global growth outlook added to the pessimism.
- See more at: http://www.straitstimes.com/news/business/markets/story/singapore-shares-end-higher-market-rebound-20141209#sthash.WEWtgmIJ.dpuf

No comments:

Post a Comment