Daily Markets Briefing: STI down 0.2%

Expect more muted gains today.

The Straits Times Index (STI) ended 6.85 points or 0.2% lower to 3423.17, taking the year-to-date performance to +18.83%.

The top active stocks today were DBS, which declined 0.89%, Singtel, which closed unchanged, Keppel Corp, which gained 0.80%, UOB, which gained 0.23% and OCBC Bank, with a 0.33% fall.

The FTSE ST Mid Cap Index declined 0.40%, whilst the FTSE ST Small Cap Index declined 0.89%.

According to OCBC Investment Research, the US stock market was closed on Thursday for Thanksgiving Day.

A broad gauge of European stocks steadied at the end of trade Thursday, after spending the session struggling to find firm direction. But French blue-chip shares climbed after data showed the country led the strengthening of the eurozone economy this month.

"With the Wall Street closed last night, the local bourse could get off to a muted start this morning.," OCBC said.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia