SINGAPORE shares tracked Wall Street losses overnight to open lower on Wednesday, with the Straits Times Index losing 0.6 per cent, or 18.89 points to 3,136.57 as at 9.01am.
The benchmark S&P 500 slipped 0.8 per cent, its steepest decline in a month, while the tech-heavy Nasdaq Composite slipped 1.5 per cent, and the Dow Jones Industrial Average dropped 0.5 per cent. Other active index stocks included Yangzijiang Shipbuilding which plunged 2.9 per cent, or three cents to S$1, and Singapore Exchange which lost 1.4 per cent, or 12 cents to S$8.35 on a cum-dividend basis.
Source: News Formal (newsformal.com)
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