Daily Markets Briefing: STI down 0.15%

Expect some gains today.

The Straits Times Index (STI) ended 5.48 points or 0.15% lower to 3567.14, taking the year-to-date performance to +4.83%.

The top active stocks were DBS, which declined 0.71%, Keppel Corp, which gained 0.58%, Singtel, which declined 0.55%, UOB, which declined 0.36% and OCBC Bank, with a 0.53% fall.

The FTSE ST Mid Cap Index declined 0.20%, whilst the FTSE ST Small Cap Index declined 0.37%.

According to OCBC Investment Research, US equity benchmarks on Friday surged to session highs, finishing the day squarely in record territory and booking a fourth straight weekly advance.

All eleven S&P 500 industries finished higher, led by Health Care, which rose 2.17%, and Information Technology, which rose 1.64%. The index rallied 2.23% for the week.

"The strength on Wall Street Friday could lift local sentiment today," 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