News

Stocks

Gerv Tacadena

, Singapore

Published:

9 years ago

Daily Markets Briefing: STI down 0.02%

Investors are likely to remain wary today.

The Straits Times Index (STI) ended 0.65 points or 0.02% lower to 3231.44 on Friday, taking the year-to-date performance to +12.17%.

The top active stocks that day were CityDev, which declined 0.19%, UOB, which declined 0.86%, DBS, which gained 0.20%, Singtel, which gained 0.80% and JSH USD, with a 1.06% fall.

According to OCBC Investment Research, the Dow Jones Industrial Average notched its 21st record of 2017 led by a late-stage rise in energy shares, as Amazon announced plans to buy Whole Foods— one of the buzziest mergers of 2017.

Meanwhile, five of the eleven S&P 500 industries ended higher, led by Energy (1.71%) and Utilities (0.48%) while Consumer Staples (-1.00%) led the declines. The index advanced 0.06% for the week.

"The mixed performances on Wall Street overnight could cause investors to remain cautious today," the brokerage firm 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

Top News

Daily Markets Briefing: STI up 0.33%; Top stock is DFI Retail

DFI Retail is the top stock with a 2.98% increase.

Stocks

1 hour ago

Golden Mile Tower strata cinema enters market at $31m

It has a strata area of 104,991 sq. ft.

Commercial Property

19 hours ago

Maritime market to hit $24.47b by 2031 as automation reshapes ports

Tuas Port eyes 65 million TEUs of annual capacity by the 2040s.

Shipping & Marine

19 hours ago

Balestier Centre launched for $180m collective sale

It will have no land betterment charge payable.

Commercial Property

19 hours ago

Exclusives

Singapore, Hong Kong take rival paths to capture global gold trade

One builds MAS-backed vaulting for central banks, the other opens a pipeline to Shanghai.

37 minutes ago

Monday.com picks Singapore for Southeast Asia expansion

Its in-house designers created Singapore-inspired artwork in the company's colors.

3 days ago

Tsuklio targets dual-income families in Singapore expansion

The Japanese meal subscription platform logged 3,000 pre-registrations before launch.

Food & Beverage

5 days ago

Firms cut senior hiring costs with fractional executives

$Firms cut senior hiring costs with fractional executives$

Firms cut senior hiring costs with fractional executives

Companies report 50% to 70% lower costs than full-time senior hires.

HR & Education

6 days ago

Event News

Co-Written / Partner Finweek KL 2026: Where European capital meets ASEAN scale

The premier EU–ASEAN institutional fintech summit brings 1,000+ delegates to PARKROYAL Collection Kuala Lumpur on 11 to 13 November 2026 for three days of cross-border deal-making.