Singapore shares fell on Friday—STI dropped by 0.1%

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Singapore shares fell on Friday—STI dropped by 0.1%
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In the broader market, there were 53 gainers compared to 42 losers, after 29.9 million securities worth S$31.8 million were exchanged.

Singapore shares fell on Friday, July 26, following the Monetary Authority of Singapore keeping its monetary policy unchanged for the fifthThe Straits Times Index dropped 0.1% or 4.67 points to 3,425.78 by 9:01 am, as reported by The Business Times.

Biolidics was one of the most actively traded stocks by volume, which remained flat at S$0.01, with 2.1 million shares changing hands. Seatrium also saw significant trading activity, falling 1.4% or S$0.02 to S$1.45. Meanwhile, CSE Global held steady at S$0.485 with 1.3 million shares traded. Bank stocks were generally down as trading kicked off. DBS Bank fell by 0.2% or S$0.06, bringing its price to S$36.48. OCBC Bank edged down 0.1% or S$0.01 to S$14.88, while UOB dropped 0.3% or S$0.08 to S$32.42.Wall Street had a mixed close on Thursday, helped by stronger-than-expected corporate earnings and economic data. The tech-heavy Nasdaq Composite fell by 0.9% to finish at 17,181.72. In contrast, the Dow Jones Industrial Average rose by 0.2% to close at 39,935.07.

In Europe, disappointing earnings reports from tech and luxury sectors weighed on markets. Investors also flocked to safe-haven assets, deepening losses. The pan-European Stoxx 600 index fell by 0.7%, closing at 508.63.Food is starting to become a problem for athletes at the Olympic village in Paris in 2024

Olympic podium training for Team USA’s Simone Biles in Paris 2024: “We’re all breathing a little bit better now”Man says his girlfriend goes on “hunger strikes” whenever he doesn’t pay for her food or makes her upset

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