Singapore shares down by 0.63% on Friday
EARNINGS gloom and continued trade uncertainty took their toll on Singapore equities on Friday, despite the overnight up-trend on Wall Street.
The benchmark Straits Times Index lost 20.59 points, or 0.63 per cent, to 3,265.73, bringing it down by 1.78 per cent on the previous week.
Losers beat gainers 259 to 141 on the bourse, or nearly two down for every one up, as 1.73 billion shares worth S$1.08 billion were traded.
Singapore Post shed S$0.13, or 9.42 per cent, to S$1.25 on a volume of 22.7 million shares, after posting a 40 per cent year-on-year fall in first-quarter net profit before the market opened.
AEM Holdings lost S$0.025, or 3.4 per cent, to S$0.71 with almost 12.8 million shares changing hands. The counter has been in free fall after the company warned on Tuesday of "significant volatility" ahead.
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
Stocks to watch: Keppel, FCT, Suntec Reit, OUE Reit, Clint, Digital Core Reit, OKP, Cordlife
Europe: Stoxx 600 falls on banks drag; tech contains losses on ASMI boost
US: Stocks end flat ahead of key inflation data
Hong Kong spot crypto ETFs to start trading next week
Greenback recovers from PMI slump, yen closes in on 155 per dollar
Hong Kong Stock Exchange bids farewell to first woman chair