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STI inches up ahead of Fed policy meeting

Sembmarine shows signs of stabilising; IEV jumps on proposed sale of main operating unit.

Ben Paul
Published Tue, Sep 15, 2020 · 09:50 PM

LOCAL market sentiment was somewhat more positive on Tuesday after US stocks had a firm overnight close.

But investors were not throwing caution to the wind, as well-known companies like Singapore Airlines and United Overseas Bank made headlines for their efforts to cap staff costs.

The benchmark Straits Times Index ended the day just 3.28 points or 0.13 per cent h…

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