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Singapore stocks open higher on Thursday as Biden takes office; STI up 0 2%

Singapore stocks open higher on Thursday as Biden takes office; STI up 0 2%
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

STI breaches 3,000 mark as Biden inauguration lifts indexes

The Straits Times Tay Peck Gek https://str.sg/JzVd They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months. including the ST News Tablet worth $398. Let s go! Spin the wheel for ST Read and Win now. Let s go! Oceanus the most active counter, but closes down 4.08%

Biden swearing-in lifts regional indexes, STI breaches 3,000 mark

SINGAPORE - Global equity markets cheered the swearing-in of United States President Joe Biden, as many key regional indexes ended trading on Thursday (Jan 21) with gains. Singapore s benchmark Straits Times Index (STI) breached the 3,000 mark and closed at 3,017.15 points, up 18.38 points or 0.61 per cent. Oceanus Group s shares traded at a volume of 583.5 million, accounting for about 16 per cent of the total trades on the market, making it the most active counter. The share price, however, had a bumpy ride, as it surged 8.2 per cent within an hour of the opening bell. The bourse operator fired a query to the watch-listed seafood and fast-moving consumer goods value chain manager. But the counter did not manage to sustain the momentum and closed 4.08 per cent lower instead at S$0.047.

JPMorgan s New Singapore Home Still Trying to Find Tenants

Three years ago, it was touted as a development that would rejuvenate Singapore’s central business district. But an upcoming building in the city-state could have fallen victim to the pandemic, which has upended the office market as work from home remains a long-term arrangement for some companies.

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