Singapore shares edge lower on Thursday; STI slips 0.04% to 3,133.40

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SINGAPORE shares opened slightly lower on Thursday, with the Straits Times Index losing 0.04 per cent, or 1.31 points to 3,133.40 as at 9.02am. Read more at The Business Times.

SINGAPORE shares opened slightly lower on Thursday, with the Straits Times Index losing 0.04 per cent, or 1.31 points to 3,133.40 as at 9.02am.

This comes as Wall Street stocks finished mostly weaker overnight, following a disappointing US retail sales report, and amid geopolitical tension stemming from Brexit. The Dow Jones Industrial Average shed 0.1 per cent, the broad-based S&P 500 declined 0.2 per cent, while the tech-rich Nasdaq Composite Index dropped 0.3 per cent.

On the Singapore bourse, advancers outnumbered decliners 50 to 33, after about 25.6 million shares worth S$49.3 million changed hands.Among the most heavily traded by volume, Mapletree Commercial Trust gained 0.9 per cent, or two Singapore cents to S$2.36 on a cum-dividend, cum rights basis. Some 4.3 million shares were traded, following the lifting of its trading halt on Thursday morning.

 

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