(April 15 09:40) Sbr.com.sg
Submitted By:
Nathanielle Punay
Case Study:
No
Expect muted gains today.
The Straits Times Index (STI) ended 1.16 or 0.03% higher at 3,331.98.
The top active stocks were DBS, which grew 0.19%, UOB, which increased 0.57%, Genting Sing, which remained unchanged, OCBC Bank, which rose 0.09%, and Singtel, which dipped 0.32%.
According to OCBC Investment Research (OIR), US stocks closed higher after a series of strong bank earnings led by JPMorgan boosted confidence in the U.S. economy whilst the Dow Jones Industrial Average rose nearly 270 points.
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