Singapore Shares Edge 0.1% Lower, Focus May Be on U.S. Jobs Report

Dow Jones2022-10-06

Singapore's FTSE Straits Times Index closed 0.1% lower at 3151.56, following weakness in U.S. shares overnight. Asian markets will likely focus on the release of the U.S. jobs report Friday amid mixed cues from U.S. stock futures, says IG market strategist Yeap Jun Rong in a research report.

Decliners included CapitaLand Investment, which was down 1.7%; UOL Group, which fell 1.4%; SingTel, which closed 1.2% lower and Nio, which fell 5.8%.

Gainers included Yangzijiang Shipbuilding, which added 5.8%.

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