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Singaporeās banking titans powered the local bourse to fresh gains on August 21, with the Straits Times Index (STI) closing 0.27% higher at 4,230.90 points. The city-stateās financial sector demonstrated remarkable resilience as investors positioned themselves ahead of Federal Reserve Chair Jerome Powellās highly anticipated Jackson Hole speech, with DBS surging 1.2% to hit S$50.60 – cementing its status as the regionās banking powerhouse.
šÆ Whatās Happening
The Singapore market delivered a solid performance on August 21, with gainers significantly outnumbering losers 314 to 167 across the broader market. DBS…