Daily Markets Briefing: STI up 0.27%

Don't expect gains today.

The Straits Times Index (STI) ended 8.96 or 0.27% higher at 3362.43.

The top active stocks were DBS, which dipped 0.18%, YZJ Shipbldg SGD, which crased 2.52%, UOB, which went up 0.48%, OCBC Bank, which grew 0.09%, and Singtel, which remained unchanged.

According to OCBC Investment Research (OIR), US stocks closed lower Wednesday, a day after the S&P 500 and Nasdaq carved out their first records in months, following earnings from high-profile companies, including Dow components Boeing Co. and Caterpillar Inc., that offered a mixed picture of American corporations.

Eight out of eleven S&P 500 industries ended lower, led by Energy (-1.85%) and Communication Services (-0.75%) whilst Real Estate (0.77%) led the gains.

"The weakness on Wall Street overnight could send a cautious tone today, as investors assess corporate earnings," OIR 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