Tuesday, August 25, 2015

STI rebounds in volatile morning trade

In a volatile session, the Straits Times Index has rebounded by 1.4% to 2882.96 at 10.01am, as investors buy into counters that were heavily sold down a day earlier.

On Monday, the STI lost the most in one day since the global financial crisis.

Noble Group leads Tuesday's gainers, up 6.1%. Global Logistic Properties rises 3.9% and Keppel Corp gains 3.7%.

SGX company news remain minimal as investors focus mostly on regional and global developments.

Among losers are Hutchison Port Holdings Trust down 2.8%, and Thai Beverage, which is also 2.8% lower.

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