Daily Markets Briefing: STI up 1.17%

Expect some gains today.

The Straits Times Index (STI) ended 39.97 points or 1.17% higher to 3467.48, taking the year-to-date performance to +1.90%.

The top active stocks were DBS, which gained 1.77%, UOB. OCBC Bank, Singtel, and Capitaland were also top gainers with an advance of 1.74%, 1.92%, 0.62%, and 0.29%, respectively.

The FTSE ST Mid Cap Index gained 0.60%, whilst the FTSE ST Small Cap Index rose 0.22%.

OCBC Investment Research noted that U.S. stocks posted solid gains, led by a rally in the technology and consumer discretionary sectors, as traders appeared to shrug off global trade tensions and focused on a favorable economic backdrop instead.

Seven out of eleven S&P 500 industries ended higher, led by Consumer Discretionary (1.13%) and Real Estate (0.97%) while Energy (-0.92%) and Utilities (-0.85%) led the losses.

“Continued strength on Wall Street overnight amidst optimism over the U.S job data could bring some cheer to the local bourse this morning,” OCBC Investment Research 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