SGX Singapore Closing Market Update : Epic Research Singapore

ONE of the most strident complaints made against the local stock market is that it is a perennial underperformer, lacking in liquidity and excitement when compared to Hong Kong. This may have been true for most of 2014 and 2015 and even the first two months of 2016 but it wasn't the case this week though. The Straits Times Index's 188 points or 7 per cent jump to 2,837 placed it among the better performers in the region.

On Thursday, for example, the STI's 2.2 per cent rise made it the region's best performer. This was followed by a 49.38 points or 1.8 per cent jump on Friday, a rise that came with a robust 2 billion units worth S$1.75 million traded, volume which just three months ago would have been deemed unthinkable.

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