Daily Markets Briefing: STI up 1.33%

Submitted By:  Luz Wendy Noble Case Study:  No The Straits Times Index (STI) ended 40.71 or 1.33% higher at 3,099.99. The top active stocks were DBS, which advanced 0.21%, Singtel, which grew 0.03%, UOB, which gained 0.37%, OCBC, which inched up 0.15%, and Genting Sing, with a 0.035% advance. The FTSE Mid Cap rose 5.66% whilst the FTSE Small Cap gained 1.66%. OCBC Investment Research (OIR) noted that US stocks came off session highs but still closed higher after a series of developments boosted expectations that a US-China trade deal could be reached in the coming months. read more