MARKETS & INVESTING | Tim Charlton, Singapore

STI snaps two-day losses, ending at 2,977

The Straits Times Index ended Wednesday trade in the green, up by 0.34 points or 0.01% at 2,977.51.

Investor sentiment improved, at least in part because of the government’s hastened vaccination program.

Advancers outnumbering decliners, 279 to 208 ,with about 2.5b securities worth S$1.55b changing hands.

Among the top gainers were Singapore Airlines with 2.59% or S$0.11 gain, Jardine C&C, up by 3.26% or a S$0.72 increase, and HongkongLand which went higher by US$0.11 or 2.48%.

On Wall Street, US stocks were mixed as the Congress completed its impeachment of President Donald Trump for the second time.

The S&P 500 closed up by 0.23% or 8.65 points at 3,809.84. NASDAQ also rose by 0.43% or 56.52 points to 13,128.95 while the Dow Jones Industrial had a downturn by 8.22 points or 0.03% at 31,060.47.

Meanwhile, London listed shares continued to drop as new lockdown protocols have been implemented across Europe.

The FTSE 100 lowered by 0.13% or 8.59 points at 6,745.52, while FTSE 250 fell by 0.47% or 96.65 points at 20,616.31.

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