Posts Tagged ‘closure’
STI edges up in lacklustre trading
THE closure of the Hong Kong market for a public holiday yesterday meant that the local market was mainly left to run on its own steam and in this regard, it turned in a disappointing performance – stocks mainly drifted in low volume throughout the day. The Straits Times Index’s movements displayed all the hallmarks of a market unsure of what to do next while lacking in direction when it traded wi… more
Buying in hopes of Wall St rebound
INVESTORS yesterday banked on Wall Street reopening with a bang after its closure on Monday for a public holiday and so pushed Hong Kong’s Hang Seng Index up 2.1 per cent and the Straits Times Index up 16.96 points to 2,660.91.
It was the STI’s fourth consecutive rise, during which it has gained 90 points or 3.5 per cent. Also adding to confidence to buy was a firm opening for Europe and a 95-poin… more




