Singapore shares open lower on Wednesday; STI down 0.3% to 3,127.37

SINGAPORE shares opened lower on Wednesday tracking Wall Street losses overnight, with the Straits Times Index losing 0.3 per cent, or 8.58 points to 3,127.37 as at 9.01am.

This comes after US equities slipped for the first time in four days on Tuesday, amid lingering unease over global growth and the protracted trade war between the world's two largest economies. Wall Street stocks were in the red most of Tuesday, but slid further after US President Donald Trump said he was not ready to reach a trade deal with China.

The Dow Jones Industrial Average lost 0.7 per cent, the broad-based S&P 500 dropped 0.8 per cent, while the tech-rich Nasdaq Composite Index shed 0.7 per cent. On the Singapore bourse, gainers and losers were evenly matched at 44 each, after about 24.6 million shares worth S$42.7 million changed hands.Among the most heavily traded by volume, Synagie was up 7.5 per cent, or 1.2 Singapore cents to 17.2 cents, with 3.9 million shares traded, while YZJ Shipbuilding lost 3.6 per cent, or 3.5 cents to 93.5 cents, with 2.8 million shares traded.

Other active stocks included ST Engineering which dropped 2.4 per cent, or 10 cents to S$4.02 on an ex-dividend basis; Wilmar International which slipped 1.3 per cent, or five cents to S$3.74 on an ex-dividend basis; and Keppel Reit which lost 0.8 per cent, or one cent to S$1.23.

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Singapore shares open lower on Tuesday; STI down 0.2% to 3,123.73SINGAPORE shares inched lower on Tuesday, with the Straits Times Index losing 0.2 per cent, or 4.72 points to 3,123.73 as at 9.01am. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Singapore shares open higher on Monday; STI up 0.35% to 3,125.79SINGAPORE shares started Monday on higher ground after the US market closed strongly on Friday, following a chaotic week for global equities. The Straits Times Index gained 10.76 points or 0.35 per cent to 3,125.79 as at 9.04am. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Singapore stocks: STI resumes Monday afternoon at 3,132, up 0.54% on daySINGAPORE stocks continued their recovery as trading resumed on Monday afternoon, with the Straits Times Index (STI) climbing 0.54 per cent or 16.97 points on the day to 3,132.00 as at 1.04pm. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Singapore stocks: STI resumes Tuesday afternoon at 3,139.35, up 0.4% on daySINGAPORE shares resumed trading in positive territory on Tuesday afternoon, with the Straits Times Index rising 0.4 per cent, or 10.9 points to 3,139.35 as at 1.02pm. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Malaysia: Shares close lower on MondayMALAYSIA share prices closed lower on Monday, with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down 2.77 points to 1,596.45. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Hong Kong: Stocks open slightly lower on Tuesday[HONG KONG] Hong Kong stocks edged down in the first few minutes of trade on Tuesday as profit-takers stepped in following four days of healthy gains. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »