Singaporean Stocks Decrease 0.4% in Early Trading

Dow Jones08-03

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Singapore slipped during early trading Monday, as the FTSE Straits Times Index fell 0.4% to 5603.57.

Among local companies with a market cap of at least 1 billion Singapore dollars ($780.8 million), Jardine Cycle & Carriage is the biggest early laggard, falling 4.1%, followed by shares of Keppel, which dropped 1.9%. Shares of Golden Agri-Resources fell 1.8%.

Seatrium is the biggest leader this morning, adding 3.7%, and AEM Holdings gained 2.3%. Frencken Group rounds out the top three movers, as shares gained 2.0%.

The U.S. dollar weakened 0.1% against the Singapore dollar to S$1.28.

In the bond markets, the 10-year Singaporean government bond yield rose 1 basis point to 2.375%.

Data source: Dow Jones Market Data, FactSet

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