A substantial lift came from the “promising US earnings season, even as China reported a sharp drop in 3Q2021 growth at 3.9% y-o-y,” CGS-CIMB analysts Lim Siew Khee and Jeremy Ng write in an Oct 29 note.
Things are seemingly looking up for Singapore’s stock market, despite the extension in the Covid-19-related restrictions.
For one, the FSSTI closed up 111.47 points or 3.61% m-o-m at 3,198.17 points in October.
