Daily Update: STI stays in touch with the 3,000 level

The Straits Times Index closed flat on Wednesday's trade with a modest gain of 2.85 points or 0.10% ending at 2,998.77.

Positive sentiment from Wall Street boosted many stocks across Asian markets. Some 3.48-billion securities worth S$1.52-billion changed hands during the day.

Top performers for the day were YZJ Shipbuilding with 2.83% or S$0.03 gain, Venture Manufacturing up by 1.19% or US$0.24, and Wilmar International which went higher by S$0.08 or 1.52%.

On Wall Street, most US stocks also traded in the positive territory as President Joe Biden gave his first presidential address on his inauguration day.

S&P 500 closed up by 1.39% or 52.94 points at 3,851.85. NASDAQ also went higher by 1.97% or 260.07 points to 13,457.25 while Dow Jones Industrial had an upswing by 257.86 points or 0.83% at 31,188.38.

Meanwhile, London's blue-chip index managed to reverse its losses for the past trading days mainly due to miners' gain after a strong production outlook from BHP Group.

FTSE 100 gained about 0.41% or 27.44 points at 6,740.39 while FTSE 250 also ended higher by 1.35% or 278.57 points at 20,881.46.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia