Singapore shares open 27 points lower on Monday
THE Singapore bourse opened lower with the benchmark Straits Times Index falling 27.22 points to 2,836.59 as at 9.01 am on Monday.
Some 48 million shares worth S$89 million were traded with 32 counters up and 117 down.
US stock indices fell last Friday after a mixed August jobs report which provided little clarity on when the US Federal Reserve will raise short-term interest rates. Wall Street will be closed on Monday because of the Labor Day long weekend.
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
Asia: Markets rise as traders consider US rate outlook
China reiterates need for steady yuan amid fragile confidence
Singapore shares climb at Thursday’s open; STI up 0.3%
Stocks to watch: CDL, DFI Retail Group, Cordlife, First Resources
US: Wall Street slips as dour earnings, chip stocks weigh
Europe: Adidas, LVMH steer shares higher on earnings relief