Singapore stocks: STI resumes Monday afternoon down 0.63% on day

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SINGAPORE stocks resumed trading on Monday afternoon in negative territory, with the Straits Times Index down 0.63 per cent or 20.41 points to 3,243.89, on the day as at 1.01pm, amid mostly weaker market performances in the Asia-Pacific. Read more at The Business Times.

Other active securities included Ascendas Reit which held steady at S$2.89 on an ex-dividend and ex-rights basis, and Venture which was down 5.6 per cent, or S$0.92 to S$15.68.for the third quarter ended Sept 30, despite the headwinds from the US-China trade war, Brexit and currency volatility.posted a 3.4 per cent rise in net profit

to S$139.1 million for its third quarter ended Sept 30, from S$134.6 million a year ago. This was on the back of higher revenue for all sectors, and rises in net profits for aerospace and others. In the region, Asian shares were on the decline on fresh violence breaking out in Hong Kong, along with remaining uncertainty over the US-China trade war.

Hong Kong's Hang Seng Index was down more than 2 per cent, while Chinese shares also faltered with the bluechip CSI300 index down 1.3 per cent. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.5 per cent, and South Korea's Kospi dropped 0.4 per cent.

 

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