Singapore stocks in the red after Wall Street slide; STI opens 1% lower

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

SINGAPORE shares slipped in early trade on Friday, tracking losses in the US markets overnight due to disappointing jobless claims data. Read more at The Business Times.

Singapore Airlines was down S$0.04 or 1.1 per cent to S$3.65 as at 9.17am. The flag carrier on Thursday evening saidagainst some of its Airbus and Boeing aircraft to shore up liquidity amid sinking demand during the Covid-19 pandemic.

Only three STI constituents were in the green by 9.15am on Friday. Hongkong Land rose US$0.04 or 1 per cent to US$3.92, Jardine Matheson Holdings advanced US$0.05 or 0.1 per cent to US$40.00, while Jardine Strategic Holdings gained US$0.07 or 0.4 per cent to US$19.82.high-flying tech shares falling especially hardThe tech-rich Nasdaq Composite Index ended down 2.3 per cent, the Dow Jones Industrial Average shed 1.3 per cent, while the broad-based S&P 500 dropped 1.2 per cent.

 

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 ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Wall Street ends choppy session higher on mixed earnings, US stimulus debateNEW YORK (REUTERS) - Wall Street ended higher on Wednesday (July 22) after a see-saw session as investors digested mixed quarterly results and contentious stimulus negotiations in Washington.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Wall Street dips at open as labor market rebound slowsWall Street's main indexes fell at the open on Thursday as data showed the number of Americans filing for unemployment benefits rose last week for ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US: Wall St dips at open as labour market rebound slows[NEW YORK] Wall Street's main indexes fell at the open on Thursday as data showed the number of Americans filing for unemployment benefits rose last week for the first time in nearly four months, suggesting a recovery in the labour market was stalling. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Singapore stocks open lower on Wednesday; STI down 0.4%SINGAPORE shares opened lower on Wednesday, dragged by weaker starts from index counters. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »