Singapore Stocks Tick Down 0.1% as REITs Drag -- Market Talk

Dow Jones2022-12-20

0945 GMT - Singapore stocks ended the session lower, following a broad downturn among Asian equities as investors continued to weigh China reopening optimism against a slowing global economy. The benchmark FTSE Straits Times Index edged down 0.1% to settle at 3253.97. REITs, which make up a significant portion of Singapore's total equities market, led the losses. Frasers Logistics & Commercial Trust shed 2.6%, Keppel DC Trust fell 2.2% and Mapletree Logistics Trust lost 1.9%. (yifan.wang@wsj.com)

 

(END) Dow Jones Newswires

December 20, 2022 04:46 ET (09:46 GMT)

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