SGX Opens Higher As Fed Rate-Cut Expectations Lift Investor Sentiment
The Straits Times Index (STI) kicked off the day strongly, advancing 13.17 points or 0.31% to 4,210.40 as risk appetite improved amid speculation of an imminent US interest rate cut. Market breadth favoured gainers, with 121 stocks rising against 50 decliners. Turnover remained moderate, with 117.92 million shares traded, valued at S$109.56 million. Global drivers…