Singapore shares open lower on Wednesday; STI down 0.4% to 3,099.40

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SINGAPORE shares tracked Wall Street's late session selloff overnight to open lower on Wednesday, with the Straits Times Index losing 0.4 per cent, or 11.45 points to 3,099.40 as at 9.02am. Read more at The Business Times.

SINGAPORE shares tracked Wall Street's late session selloff overnight to open lower on Wednesday, with the Straits Times Index losing 0.4 per cent, or 11.45 points to 3,099.40 as at 9.02am.

The broad-based S&P 500 slumped 1.6 per cent, the tech-rich Nasdaq Composite Index shed 1.7 per cent, and the Dow Jones Industrial Average tumbled 1.2 per cent. Other active index stocks included Jardine Matheson Holdings which tumbled almost 1 per cent, or 29 US cents to US$29.41, and CapitaLand Commercial Trust which edged down 1 per cent, or two cents to S$2.06.

Source: News Formal (newsformal.com)

 

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