Singapore shares open 0.5% down
SINGAPORE shares eased early Monday amid anticipation that the US Federal Reserve will raise interest rates later in the week, with the Straits Times Index slipping 0.5 per cent or 14.11 points to trade at 2,820.52 as at 9:01am.
Noble Group led the early actives, losing 1.3 per cent or 0.5 Singapore cent to change hands at 38.5 Singapore cents.
IPS Securex gained 6.3 per cent or 2 Singapore cents following announcement of a significant contract.
A total of 35.8 million shares worth S$42.1 million had traded as at 9:01 am. Losers outnumbered gainers 118 to 31, or about four down for every one 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
Asia: Markets mixed as traders weigh rates outlook
SGX securities turnover jumps 37% in April; derivatives activity continues to gain ground
Singapore shares dip at Wednesday’s open; STI down 0.4%
Stocks to watch: UOB, DBS, Olam, Far East Orchard, Daiwa House Logistics Trust, Manulife US Reit
Europe: Shares close at record highs on financials boost
US: Sideways day for stocks as Disney tumbles