Singapore stocks: STI resumes Thursday afternoon down 0.9% on day

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Read more at The Business Times.

The local banks declined in the afternoon trade. DBS shares lost S$0.15 or 0.6 per cent to S$24.51, OCBC Bank fell S$0.08 or 0.7 per cent to S$10.78 and United Overseas Bank was trading at S$25.02, down S$0.11 or 0.4 per cent as at 1.03pm on Thursday.

Among property related listings, shares in PropNex edged up 0.5 Singapore cent or 0.9 per cent to 55.5 cents after the real estate agency reported that its Q4PropNex attributed higher revenue to a surge in commission income from project marketing services. Meanwhile, Centurion Corporation eased 0.5 Singapore cents or 1.1 per cent to 46.5 cents after reporting on Thursday that bottomline for Q4 rose 38 per cent to S$73.1 million. Topline for the dormitory owner and operator was up 15 per cent to S$36 million.

Elsewhere in the Asia-Pacific, equity benchmarks in Australia, Hong Kong, South Korea and Taiwan were lower in the afternoon. Bucking the trend were Malaysia as well as China's Shanghai Composite Index, which is getting a lift from fewer virus deaths and hopes of further stimulus.

 

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 US

United States United States Latest News, United States United States Headlines

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

Singapore stocks tumble tracking US rout on virus jitters; STI opens 0.9% lowerSingapore stocks tumble tracking US rout on virus jitters; STI opens 0.9% lower
Source: BusinessTimes - 🏆 15. / 51 Read more »

Singapore stocks: STI resumes Tuesday afternoon up 0.7% on daySingapore stocks: STI resumes Tuesday afternoon up 0.7% on day
Source: BusinessTimes - 🏆 15. / 51 Read more »

Asia stocks sink again as pandemic fears intensify; STI down 0.8%TOKYO (REUTERS) - Asian shares fell on Wednesday (Feb 26) as a US warning to Americans to prepare for the possibility of a coronavirus pandemic drove another Wall Street rout and pushed yields on safe-haven Treasuries to record lows.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Singapore stocks: STI resumes Tuesday afternoon up 0.7% on daySingapore stocks: STI resumes Tuesday afternoon up 0.7% on day
Source: BusinessTimes - 🏆 15. / 51 Read more »

Singapore stocks tumble tracking US rout on virus jitters; STI opens 0.9% lowerSingapore stocks tumble tracking US rout on virus jitters; STI opens 0.9% lower
Source: BusinessTimes - 🏆 15. / 51 Read more »