Daily Markets Briefing: STI up 0.26%

Submitted By:  Arianna Danganan Case Study:  No Weak US retail sales may dampen local sentiment. The Straits Times Index (STI) ended 8.39 or 0.26% higher at 3,253.16. The top active stocks were DBS, which inched up 0.28%, Singtel, which remained unchanged, ComfortDelGro, which climbed 2.1%, UOB, which dipped 0.42%, and CapitaLand with a 2.1% advance. The FTSE Mid Cap grew 0.14% whilst the FTSE Small Cap rose 0.23%. According to OCBC Investment Research (OIR), US stocks closed mostly lower Thursday as disappointment over weak retail sales overshadowed the optimism over US-China trade talks. read more