Singapore shares close lower; STI weighed down by falls in banks, Jardine stocks
WALL Street's new all-time high on Monday failed to lift sentiment here on Tuesday, with the Straits Times Index (STI) on Tuesday sliding to a 16.76-point loss at 3,230.42 on volume of 2.7 billion units worth S$1.07 billion, compared with S$765 million on Monday.
The STI's fall was in line with movements in the Dow futures, where the contract first rose 25 points but also drifted lower by 5pm. Within the index, losses in Jardine Matheson, Hongkong Land and the three banks were the biggest drags. Excluding warrants there were 215 rises versus 214 falls.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Rebound relief for Asian stocks; STI up 0.3% led by DBS, UOB
Asia: Stocks swing after latest selloff as Fed, Middle East dampen sentiment
Cordlife to raise S$8.2 million from private placement
Singapore stocks open lower on Wednesday; STI down 0.1%
Stocks to watch: CDL, Keppel Pacific Oak US Reit, Cordlife
China says new market rules won’t lead to massive delistings