Daily Markets Briefing: STI up 0.06%

Expect muted gains today.

The Straits Times Index (STI) ended 2.05 or 0.06% higher at 3,327.65.

The top active stocks were DBS, which dipped 0.11%, OCBC Bank, which slipped 0.34%, YZJ Shipbldg SGD, which fell 0.61%, Singtel, which rose 0.32%, and UOB, which grew 0.23.

According to OCBC Investment Research (OIR), US stocks closed higher, with the Dow Jones Industrial Average edging into positive territory just ahead of the closing bell, as the minutes from the Federal Reserve’s March meeting reassured investors that the central bank is in no hurry to resume raising interest rates.

Eight out of eleven S&P 500 industries ended higher, led by Real Estate (0.73%) and Information Technology (0.70%) whilst Utilities (-0.38%) and Materials (-0.03%) led the losses.

“We think the local sentiment is likely to continue to be muted ahead of the release of economic data such as China’s CPI print on Thursday and trade balances on Friday,” OIR said.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. 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