Singapore Stocks End Lower on Thursday Despite Wall Street Gains

The Business Times2023-05-11

Singapore stocks ended lower on Thursday (May 11), even as Wall Street stocks were largely up due to softer inflation figures in the United States.The Straits Times Index (STI) fell 0.4 percent or ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

ZackChia
2023-05-11
ZackChia
Because singapore stocks cui.

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1175657449?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-05-11 17:53","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1175657449","market":"sg","top_or_hot":-1,"title":"Singapore Stocks End Lower on Thursday Despite Wall Street Gains","media":"The Business Times","content":"<div>\n<p>Singapore stocks ended lower on Thursday (May 11), even as Wall Street stocks were largely up due to softer inflation figures in the United States.The Straits Times Index (STI) fell 0.4 percent or ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/singapore-stocks-end-lower-thursday-despite-wall-street-gains\">Source Link</a>\n\n</div>\n","source":"lsy1607307803821","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks End Lower on Thursday Despite Wall Street Gains</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks End Lower on Thursday Despite Wall Street Gains\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-11 17:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/singapore-stocks-end-lower-thursday-despite-wall-street-gains><strong>The Business Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore stocks ended lower on Thursday (May 11), even as Wall Street stocks were largely up due to softer inflation figures in the United States.The Straits Times Index (STI) fell 0.4 percent or ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/singapore-stocks-end-lower-thursday-despite-wall-street-gains\">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.businesstimes.com.sg/companies-markets/singapore-stocks-end-lower-thursday-despite-wall-street-gains","article_id":"1175657449","we_media_id":null,"thumbnails":[],"rights":{"source":"lsy1607307803821","url":"https://www.businesstimes.com.sg/companies-markets/singapore-stocks-end-lower-thursday-despite-wall-street-gains","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1175657449","pubTimestamp":1683798827,"columns":[],"sourceInfo":{"source_id":"lsy1607307803821","name":"The Business Times"},"weMediaInfo":null,"summary":"Singapore stocks ended lower on Thursday (May 11), even as Wall Street stocks were largely up due to","collect":0,"end_time":0,"defaultTopTitle":"businesstimes.com.sg","property":[],"viewcount":null,"language":"en","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"translate_title":"尽管华尔街股市上涨，新加坡股市周四收盘走低","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STI.SI":0.9},"content_text":"Singapore stocks ended lower on Thursday (May 11), even as Wall Street stocks were largely up due to softer inflation figures in the United States.The Straits Times Index (STI) fell 0.4 percent or 12.74 points to 3,229.55. Losers outnumbered gainers 287 to 246, after 1.5 billion securities worth S$1 billion changed hands.Kelvin Wong, Asia-Pacific senior market analyst at Oanda, noted that the latest set of inflationary data in the US has raised the expectations of a pause in the Fed funds rate at 5 to 5.25 percent.The headline US consumer price index (CPI) has continued to slow down further, at a 4.9 percent year-on-year growth from 5 percent in March.But Wong noted that headline US CPI inflationary growth may make an uptick in the coming months, given that the current data on US sticky-price inflation growth is still elevated, and the heightened risk of an increase in global food prices.“We cannot rule out that too much optimism is being priced at this juncture in advocating for an interest rate-cutting Fed pivot in the second half of 2023,” he said.Regional indices were mixed at the close. The Hang Seng Index slipped 0.1 percent, the Kospi Composite Index fell 0.2 percent, and the FTSE Bursa Malaysia KLCI Index fell 0.04 percent. Meanwhile, the Nikkei 225 inched up 0.02 percent.In Singapore, the top gainer on the STI was Genting Singapore, which rose 1.8 percent or S$0.02 to S$1.12.The top decliner was Frasers Logistics and Commercial Trust, which fell 3 percent or S$0.04 to S$1.28.The trio of local banks ended lower on Thursday. DBS fell 1.7 percent or S$0.52 to S$31.10, OCBC lost 0.2 percent or S$0.02 to S$12.30, and UOB declined 0.5 percent or S$0.14 to S$27.98.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9970932422,"gmtCreate":1683801198867,"gmtModify":1683801202868,"author":{"id":"4088465576185570","authorId":"4088465576185570","name":"ZackChia","avatar":"https://static.tigerbbs.com/90f82bfb7f8bb1e887247a1d0c7bef93","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4088465576185570","authorIdStr":"4088465576185570"},"htmlText":"Because singapore stocks cui.&nbsp;","listText":"Because singapore stocks cui.&nbsp;","text":"Because singapore stocks cui.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970932422","repostId":1175657449,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":9,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1175657449"}