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STI rises on further reopening of borders; tracks Wall Street gains on stimulus hopes

Thiveyen Kathirrasan and Felicia Tan
Thiveyen Kathirrasan and Felicia Tan • 1 min read
STI rises on further reopening of borders; tracks Wall Street gains on stimulus hopes
The Straits Times Index (STI) gained 1.2% to 2,547.77 as at noon on Oct 12 from 2,517.23 previously.
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The Straits Times Index (STI) gained 1.2% to 2,547.77 as at noon on Oct 12 from 2,517.23 previously.

The higher numbers tracked Wall Street gains after US President Donald Trump proposed a US$1.8 trillion ($2.44 trillion) stimulus proposal – the highest from the Trump administration so far – on Oct 9.

This week, gainers outpaced losers with Venture Corporation leading the charge at a 4.7% w-o-w gain.

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