News Formal

Singapore stocks open lower on Wednesday; STI down 0.7%

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

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

SINGAPORE shares opened lower for the third straight day on Wednesday, amid mounting concerns over the fast-spreading novel coronavirus variant in Britain as well as underwhelming US economic data following a spike in local infections and deaths. Read more at The Business Times.

The trio of local banks were down in early trade. DBS fell 1.1 per cent or S$0.27 to S$24.78, UOB declined 1.2 per cent or S$0.27 to S$22.31, while OCBC slipped 0.9 per cent or S$0.09 to S$9.93.after choppy trading despite overwhelming approval in Congress of the long-awaited US$900 billion relief package.

The benchmark Dow Jones Industrial Average lost 0.7 per cent to finish at 30,015.51, the broad-based S&P 500 slipped 0.2 per cent to 3,687.26, but the tech-rich Nasdaq Composite Index bucked the trend, gaining 0.5 per cent to end at a new record of 12,807.92., demanding bigger payments and calling the Covid-19 relief bill a"disgrace".on Tuesday, driven by optimism over Brexit and US stimulus news.

 

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 MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Singapore stocks open higher on Friday; STI up 0.7%SINGAPORE shares opened in positive territory on Friday following Wall Street's partial rebound from its previous decline. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Singapore stocks open lower on Monday, tracking Wall Street tumble; STI down 0.5%SINGAPORE shares fell when trading began at the start of the week, with the Straits Times Index (STI) retreating 15.10 points or 0.5 per cent to 2,887.42 as at 9am on Monday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »