Daily Markets Briefing: STI up 0.03%

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. read more