THE Straits Times Index ended Thursday at 2,707.20 points, up 6.81 points or 0.3 per cent, tracking Wall Street’s gains on better employment and manufacturing data.
Decliners outpaced advancers 249 to 212, with about 1.64 billion securities worth S$2.19 billion having changed hands. Said Oanda senior market analyst Jeffrey Halley: “The overnight price action on Wall Street was very much a re-run of the day before. The momentum in global recovery trade remains undiminished, with equities carving out fresh gains globally and the rotation out of the US dollar continuing apace."
Among the STI constituents, the best performer was ST Engineering, which rose 2.4 per cent or S$0.08 to S$3.49. ComfortDelGro reversed yesterday’s gains and emerged as the worst-performing stock for the day, falling 2.5 per cent or S$0.04 to S$1.57. It was the most actively traded stock with over 58 million shares changing hands.
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