The Business Times

Singapore shares close lower ahead of Yellen speech

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Published Fri, Aug 26, 2016 · 09:18 AM

    THE Straits Times Index on Friday closed down 19.28 points at 2,857.65, ahead of a key speech to be delivered by Federal Reserve chairwoman Janet Yellen that could indicate the timing of the next rate hike.

    Volume was wispy at 592 million units worth S$655 million, with losers exceeding gainers in the Singapore market at 224 to 134.

    Top losers included DBS and SIA.

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