STI dips 0.2% after Fed keeps rates steady

News that United States interest rates will stay put helped send local shares down a touch on the first trading day of the month, in line with most equity markets. The Straits Times Index (STI) dipped 6.87 points, or 0.2 per cent, to 3,393.33 on trade of 878 million...

Local banks lift STI to end at 2019 high

The buoyant local banks took the lead yesterday and all ended the day at 2019 highs – as did the index itself. Their collective performance helped lift the Straits Times Index (STI) 50.07 points, or 1.49 per cent, to 3,407.02 – the first time it has closed above 3,400...

Modest gains nudge STI up on nondescript day

Modest gains at the end of the yesterday’s session managed to turn a nondescript day into something of a winner for the local market. The Straits Times Index (STI) added just 6.67 points or 0.2 per cent to 3,356.95 after opening lower, following a muted session on...

Private home prices drop 0.7% in Q1

Private home prices eased again for the second straight quarter, slipping by 0.7 per cent for the first quarter of this year from the previous three-month period, according to final figures released by the Urban Redevelopment Authority (URA) yesterday. The decline was...