SINGAPORE stocks opened weaker on Tuesday, with the Straits Times Index heading down 0.06 per cent or 1.89 points to 3,344.50 as at 9.01am, amid a slew of corporate results and investor anticipation of a Fed rate cut this week. Read more at The Business Times.
Banking stocks opened weaker, with DBS Group Holdings down 0.7 per cent or S$0.19 to S$26.45; OCBC Bank down 0.1 per cent or S$0.01 to S$11.73; and United Overseas Bank down 0.2 per cent or S$0.05 to S$26.69.
Other active index stocks included CapitaLand Commercial Trust, flat at S$2.09; City Developments, up 0.7 per cent or S$0.07 to S$9.68. Sheng Siong Group headed up 0.9 per cent or S$0.01 to S$1.12 with 0.8 million shares traded, after it posted aElsewhere in Asia, Tokyo stocks opened higher on Tuesday on weaker yen and investor buy-ins on the dips prior to decisions by central banks in US and Japan. The Nikkei 225 index rose 0.60 per cent or 128.95 to 21,745.75 in early trade, while the Topix index was up 0.50 per cent or 7.84 points at 1,576.41.
In the United States, the Dow Jones Industrial Average inched up 0.1 per cent to close the session at 27,221.35; the S&P 500 dipped 0.2 per cent to finish at 3,020.96; and the tech-rich Nasdaq Composite Index fell 0.4 per cent to 8,293.33. This comes ahead of a Federal Reserve meeting where investors lie in wait of a rate cut on Wednesday.
In Europe, shares edged up amid merger announcements and a weak pound which saw London's FTSE 100 trading higher. Ireland's stock index ISEQ fell 0.9 per cent. The pan-European STOXX 600 index meanwhile rose 0.03 per cent.
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 decline at Monday's open; STI down 0.09% to 3,360.83SINGAPORE stocks opened weaker on Monday, with the Straits Times Index moving down 0.09 per cent or 2.93 points to 3,360.83 as at 9.01am as investors remain cautious in amid corporate earnings season and lie in wait for a cut in US interest rates. Read more at The Business Times.
Read more »
Singapore stocks: STI resumes Monday afternoon down 0.7% at 3,341.22THE Singapore benchmark, like most of its regional peers, entered the afternoon session trading lower during a week where the US Federal Reserve is expected to announce a rate cut and US and Chinese officials are scheduled to meet for trade talks in Shanghai. Read more at The Business Times.
Read more »
Asian shares guarded as investors count down to FedAsian shares got off to a cautious start on Monday as markets count down to a likely cut in U.S. interest rates this week with much riding on ...
Read more »
Tokyo: Stocks open higher on Tuesday[TOKYO] Tokyo stocks opened higher on Tuesday, propped up by a weaker yen and investors buying on dips. Read more at The Business Times.
Read more »
Singapore shares drop 0.5% on Monday on weak regional sentimentSINGAPORE'S Straits Times Index (STI) ended the Monday session at 3,346.39, down 17.4 points or 0.5 per cent. Read more at The Business Times.
Read more »
Rugby: Springboks prove difficult to break down ahead of World CupRassie Erasmus will take positives from Saturday's 16-16 draw with the All Blacks in the Rugby Championship but the Springboks coach thinks the ...
Read more »