Daily Markets Briefing: STI up 0.39%

Expect mild gains today.

The Straits Times Index (STI) ended 0.39% higher at 3,038.65.

According to OCBC Investment Research, U.S. stock indexes ended mostly higher Wednesday, with the S&P and Nasdaq recapturing a small share of the of the ugly losses accumulated Monday and Tuesday, led by the same growth technology stocks which had been a main driver of market’s recent woes.

Seven of eleven S&P 500 industries ended higher. The best performers were Energy (1.58%) and Consumer Discretionary (1.00%) while the worst performers were Utilities (-1.48%) and Consumer Staples (-0.83%).

"With today’s tone likely to improve, we could potentially see the STI inching higher in the direction of the 3060 key hurdle. Above it, we peg the next hurdle at 3140," added OIR.

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