Market Update: STI up 0.69%

Yangzijiang Shipbuilding saw the sharpest decline during Tuesday's trading, with a 2.06% drop.

The Straits Times Index ended 21.73 or 0.69% higher at 3,174.87 at the close of trading on Tuesday, June 15.

Among the top active stocks were SGX which grew 2.52%, Mapletree Logistics Trust which grew 1.98%, and Mapletree Industrial Trust which grew 1.81%.

Included in the bottom performers were SATS which fell 1.22% and Wilmar International which fell 1.05%.

According to local news, shares advanced after it was reported that private-sector economists further raised their outlook for Singapore's GDP to a growth of 6.5%. This is from the initial 5.8% forecast given last March.

The FTSE 100 Index ended 25.80 or 0.36% higher at 7.172.48, whilst the NYSE Composite Index ended 6.61 or 0.04% lower at 16,655.81 at the close of trading on Tuesday. 

Follow the links for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!