It was a bad start to the nation’s birthday week for the Singapore market, as the Chinese yuan fell and regional markets reacted to the US-China trade war escalation.Turnover on the local bourse was 1.20 billion securities worth S$1.39 billion, which worked out to an average unit price of S$1.16. Losers outnumbered gainers 378 to 111, or seven securities down for every two up.
Yangzijiang Shipbuilding led active counters with a volume of 54.1 million. It lost four Singapore cents or 2.82 per cent to S$1.38. Other active counters included Genting Singapore, which ended down 1.5 Singapore cents or 1.67 per cent at S$0.885 with 52.3 million shares traded, and Mapletree North Asia Commercial Trust, down 4.32 per cent or six Singapore cents to S$1.33 on a volume of 26.1 million units.
Source: News Formal (newsformal.com)
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