Singapore stocks: STI resumes Wednesday afternoon down 0.5% on day

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

SINGAPORE shares resumed trading on Wednesday afternoon in negative territory, with the Straits Times Index (STI) down 0.5 per cent or 12.41 points on the day to 2,492.35 as at 1.04pm. Read more at The Business Times.

Elsewhere in the region, Asian shares fell on Wednesday and oil prices hit lows not seen since June, after a rout of technology shares sank Wall Street for a third consecutive day, and a major drugmaker delayed testing of a Covid-19 vaccine.

As the tech-fuelled sell-off hit Wall Street, observers say investors are looking to the options markets. For now, few investors appear eager to buy the dip, which has sent the tech-heavy Nasdaq down 10 per cent from its highs.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in SG

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 fall at open after US rout: STI down 0.7%SINGAPORE stocks opened weaker on Wednesday following sharp losses on Wall Street overnight as large tech shares suffer another beating. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Singapore shares edge up at Tuesday's open; STI up 0.2%SINGAPORE shares inched higher on Tuesday, with the benchmark Straits Times Index (STI) gaining 4.15 points or 0.2 per cent to 2,515.36 as at 9.01am. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Singapore shares fall at open after US rout: STI down 0.7%SINGAPORE stocks opened weaker on Wednesday following sharp losses on Wall Street overnight as large tech shares suffer another beating. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Singapore shares edge up at Tuesday's open; STI up 0.2%SINGAPORE shares inched higher on Tuesday, with the benchmark Straits Times Index (STI) gaining 4.15 points or 0.2 per cent to 2,515.36 as at 9.01am. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

SCDF responders rescue injured worker from 40m-high craneSINGAPORE — A worker who injured his leg while on a crane 40m in the air was rescued by the Singapore Civil Defence Force (SCDF) on Monday afternoon (Sept 7).
Source: TODAYonline - 🏆 1. / 99 Read more »

China reports 2 new COVID-19 casesMainland China reported two new COVID-19 cases on Sept. 8, down from 10 a day earlier, the country's national health authority said on Wednesday.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »