Singapore Shares Edge Lower in Possible Position Adjustment -- Market Talk

Dow Jones05-03

0931 GMT - Singapore's FTSE Straits Times Index edged 0.1% lower to close at 3292.93, erasing earlier gains, on possible position adjustment. All eyes are on the U.S. April nonfarm payrolls data due out later today, ING analysts say in a note. Among the worst performers on the benchmark index, Seatrium fell 3.2%, DFI Retail Group Holdings was down 1.0% and UOL Group shed 1.4%. Meanwhile, advancers included Jardine Matheson Holdings, which rose 2.0%; Hongkong Land Holdings, which added 1.25%; and CapitaLand Investment, which was up 1.6%. (amanda.lee@wsj.com)

(END) Dow Jones Newswires

May 03, 2024 05:31 ET (09:31 GMT)

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