Things are seemingly looking up for Singapore’s stock market, despite the extension in the Covid-19-related restrictions.

For one, the FSSTI closed up 111.47 points or 3.61% m-o-m at 3,198.17 points in October. 

A substantial lift came from the “promising US earnings season, even as China reported a sharp drop in 3Q2021 growth at 3.9% y-o-y,” CGS-CIMB analysts Lim Siew Khee and Jeremy Ng write in an Oct 29 note.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook