Daily Morning Note | November 25, 2021

Let the Money Talk · Nov 25, 2021 · 8m

The Straits Times Index (STI) was little changed on Wednesday (Nov 24), ending 0.01 per cent or 0.38 point lower at 3,227.15. Advancers outnumbered decliners 243 to 210, with 1.64 billion shares worth S$1.03 billion changing hands. Across Asia, most markets also closed lower, amid investor concerns that the US Federal Reserve might speed up policy tightening to cope with broadening inflationary risks.

Wall Street stocks finished mostly higher on Wednesday following a heavy load of mostly solid economic data while some leading retail firms plunged on disappointing results. The deluge of…