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DBS, ThaiBev, YZJ Shipbuilding and DFI help bring STI above 3,800 points, a 17-year high

Jovi Ho
Jovi Ho • 2 min read
DBS, ThaiBev, YZJ Shipbuilding and DFI help bring STI above 3,800 points, a 17-year high
STI’s all-time high of 3906.16 was marked in October 2007. Photo: Bloomberg
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The Straits Times Index (STI) crossed 3,800 points, up some 1.3% for the day, to reach an intra-day high of 3,800.16 on Dec 3.

This was largely due to intra-day surges by constituents DBS Group Holdings (SGX:D05) , Thai Beverage (SGX:Y92) and Yangzijiang Shipbuilding (SGX:BS6) , while other component stocks DFI Retail Group (SGX:D01)  and Sembcorp Industries (SGX:U96) chipped in as well.

DBS shares, for one, reached an intra-day high of $43.73, 2.8% above its Dec 2 close price. 

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