Daily Markets Briefing: STI up 0.37%

But expect investors to remain cautious today.

The Straits Times Index (STI) ended 12.11 points or 0.37% higher to 3272.16 on Thursday, taking the year-to-date performance to +13.59%.

The top active stocks yesterday were DBS, which declined 0.44%; Singtel, which gained 0.27%; Rowsley, which declined 4.13%; OCBC Bank, which gained 0.36%; and UOB, with a 1.15% advance.

According to OCBC Investment Research, the U.S. stocks closed slightly lower Thursday, after a session of switching between small gains and losses, during a seasonally low-volume period prone to swings, as investors focused on a symposium of central bankers in Jackson Hole, Wyo.

Meanwhile, ten out of eleven S&P 500 industries finished lower, with Consumer Staples (-1.34%) and Industrials (-0.39%) leading the losses while Health Care (0.28%) gained.

"The continued weakness on Wall Street overnight could cause investors to remain cautious today," the brokerage firm 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