Turnover on the local bourse was 1.2 billion securities worth $1.39 billion, which worked out to an average unit price of $1.16.The STI was a sea of red amid heavy trading for many of its constituents, including Yangzijiang Shipbuilding Holdings, which led active counters. It lost four cents or 2.82 per cent to close at $1.38, after 54.1 million shares were traded.
Mapletree North Asia Commercial Trust retreated six cents or 4.32 per cent to $1.33 with 26.1 million units changing hands. Mr Howie added that Reits have been Singapore's second strongest sector, after technology, for the first seven months of 2019. DBS Group Holdings took a hit as they went ex-dividend, ending at $25.29 after retreating 96 cents or 3.66 per cent.The five Jardine-linked counters were the biggest drag on the index, led by Jardine Matheson Holdings, with a 5.7 per cent drop to US$57.38 .
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:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singapore shares open lower on Monday; STI down 0.6% to 3,240.86SINGAPORE shares opened lower at the start of the week, with the Straits Times Index (STI) falling 0.6 per cent, or 20.25 points to 3,240.86 as at 9.01am. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Singapore stocks pare hefty losses: STI resumes Tuesday afternoon at 3,171.74, down 0.7%SINGAPORE stocks resumed trading on Tuesday afternoon still in the red but having pared its hefty losses on opening after China moved to stem the yuan's slide, tempering fears of a currency war. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Flash: STI plunges almost 2% on Monday morningStory to come. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Flash: STI plunges almost 2% on Monday morningStory to come. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
India rupee falls most in 2019 as Kashmir adds to yuan woes[MUMBAI] India's rupee slid the most since December on Monday as the government scrapped the special status for the troubled Jammu and Kashmir state, heightening political uncertainty amid a sell-off in the region's currencies. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Singapore shares shed 2% on yuan weakness, trade war escalationIt 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. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »