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Another 'turnaround Tuesday' for STI

Investors took heart in the US Federal Reserve's move to adopt unlimited quantitative easing; index closes 128.57 points higher at 2,362.05

Published Tue, Mar 24, 2020 · 09:50 PM
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SINGAPORE'S Straits Times Index (STI) rebounded after its worst performance since 2008's global financial crisis (GFC).

Investors took heart in the US Federal Reserve's move to adopt unlimited quantitative easing as well as further lending to US small and medium-sized enterprises (SMEs) most affected by Covid-19.

Sentiment in the region is also being propped up by a weaker US dollar. Anoth…

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Singapore stocks climb at Wednesday’s open; STI up 0.4%
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