Singapore shares open 0.5% down on Wednesday
SINGAPORE stocks opened 0.5 per cent lower on Wednesday, with the Straits Times Index losing 13.17 points to 2,767.94 as at 9.01am.
The blue-chip index was dragged down after upbeat economic data for the world's biggest economy spurred concerns about a potential interest rate hike by the US Federal Reserve.
About 80.4 million shares worth S$86.8 million in total changed hands, which worked out to an average unit price of S$1.08 per share.
The most actively traded counter was LionGold, which was flat at S$0.003 with 25.9 million shares changing hands. Other actives included Golden Agri-Resources and Noble Group.
Losers outnumbered gainers 80 to 36, or about nine down for every four up.
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
LSEG reports in-line first quarter as Microsoft partnership progresses
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover
South Korea readies new system to detect illegal short-selling
Asia: Markets mixed as global rally stalls, eyes on yen
Singapore shares retreat at Thursday’s open; STI down 1.1%
Stocks to watch: Keppel, FCT, Suntec Reit, OUE Reit, Clint, Digital Core Reit, OKP, Cordlife