Asia Stocks-Singapore extends gains; most others down


MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.2 percent in holiday-thinned trade, while Japan's Nikkei shed 0.4 percent.

SINGAPORE: Singapore shares extended gains into a second session on Wednesday, helped by financials, while most other Southeast Asian markets finished lower as investors were cautious ahead of the U.S. Federal Reserve's policy decision.

The Fed, which concludes its two-day meeting later in the day, is expected to hold interest rates steady, but may hint that it is on track for a hike in June.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Southeast asia , stocks , shares , MSCI , Singapore , Indonesia , Malaysia , dollar , oil , OCBC ,

Next In Business News

Raising the standards
Bigger index, selective impact
IHH expands in India amid margin pressure
Real test begins after asset sale
Ringgit expected to trade in narrow range against US dollar next week
Sime Darby Property launches nationwide university hackathon
Common property: Who owns what?
Tightening fire safety in residential properties
Building for tomorrow
Malaysia Airlines staff named best in Asia, cabin crew at global 3rd place

Others Also Read