Singapore shares up ahead of Fed meeting
STI up 12.78 points or 0.4% to close at 3,212.96; boost comes from market expectations that US Fed will remain dovish
A QUIET Singapore stock market rose slightly on Monday as investors began to turn their eyes towards the US Federal Reserve's mid-week policy meeting.
The Straits Times (STI) joined other Asian benchmarks on higher ground, adding 12.78 points or 0.4 per cent to close at 3,212.96.
Trading on the Singapore bourse clocked in at 814.84 million securities, about 58 per cent of the daily average over the first two months of 2019. Total turnover came to S$774.89 million, about 76 per cent of the January-to-February daily average. Advancers and decliners were even at 198 each.
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