Singapore Stock Market Tipped To Remain Rangebound

RTTNews2022-06-03

The Singapore stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had gained almost 60 points or 1.9 percent. The Straits Times Index...

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Comments

VivianChua
2022-06-03
VivianChua
Ok 👌
Zacccc
2022-06-03
Zacccc
K
AuntieAaA
2022-06-03
AuntieAaA
GOOD
Fayedea
2022-06-03
Fayedea
Great
HENRYCSC
2022-06-03
HENRYCSC
Thanks
JenneyJJ
2022-06-03
JenneyJJ
👍🏻👍🏻🆙

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The Straits Times Index...</p>\n\n<a href=\"https://www.rttnews.com/3288366/singapore-stock-market-tipped-to-remain-rangebound.aspx?type=acom\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STI.SI","symbol_name":"富时新加坡海峡指数","start_time":0,"source_url":"https://www.rttnews.com/3288366/singapore-stock-market-tipped-to-remain-rangebound.aspx?type=acom","article_id":"1114001581","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1114001581","pubTimestamp":1654214832,"sourceInfo":{"source_id":"lsy1626938412129","name":"RTTNews"},"weMediaInfo":null,"summary":"The Singapore stock market has finished lower in two of three trading days since the end of the thre","collect":0,"end_time":0,"defaultTopTitle":"rttnews.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"translate_title":"新加坡股市有望保持区间震荡","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STI.SI":0.9},"content_text":"The Singapore stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had gained almost 60 points or 1.9 percent. 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There were 222 decliners and 206 gainers.Among the actives, Ascendas REIT added 0.72 percent, while CapitaLand Investment tumbled 1.03 percent, City Developments gained 0.62 percent, DBS Group slumped 0.51 percent, Genting Singapore plunged 1.27 percent, Hongkong Land advanced 0.82 percent, Keppel Corp sank 0.44 percent, Mapletree Commercial Trust retreated 0.56 percent, Oversea-Chinese Banking Corporation declined 0.76 percent, SATS plummeted 2.82 percent, SembCorp Industries tanked 1.06 percent, Singapore Exchange rose 0.31 percent, Singapore Technologies Engineering was up 0.24 percent, SingTel fell 0.38 percent, United Overseas Bank and Wilmar International both dropped 0.48 percent, Yangzijiang Financial soared 3.00 percent, Yangzijiang Shipbuilding surged 3.72 percent and Mapletree Industrial Trust, Mapletree Logistics Trust, CapitaLand Integrated Commercial Trust, Comfort DelGro and Thai Beverage were unchanged.The lead from Wall Street is firm as the major averages shook off early weakness on Thursday and picked up steam as the day progressed, ending near session highs.The Dow jumped 435.05 points or 1.33 percent to finish at 33,248.28, while the NASDAQ spiked 322.44 points or 2.69 percent to end at 12,316.90 and the S&P 500 gained75.59 points or 1.84 percent to close at 4,176.82.The rally on the day more than offset the pullback seen over the two previous sessions, with the major averages reaching their best closing levels in almost a month.The strength that emerged on Wall Street may partly have reflected optimism that the Federal Reserve could alter its plans to aggressively raise interest rates in the light of some weak economic data.Later today, the Labor Department is scheduled to release its more closely watched monthly employment report, which includes both public and private sector jobs.Crude oil moved notably higher on Thursday after the Energy Information Administration released a report showing a much bigger than expected weekly decrease in U.S. crude oil inventories last week. Crude for July delivery jumped $1.61 or 1.4 percent to $116.87 a barrel.Closer to home, Singapore later today will see May results for its private sector PMI from S&P 500 and also April figures for retail sales. 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