Singaporean Stocks Fall 0.6%

Dow Jones08-05 17:46

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

Stocks in Singapore slipped Wednesday, as the FTSE Straits Times Index fell 0.6% to 5581.37.

Among local companies with a market cap of at least 1 billion Singapore dollars ($780.0 million), Ultragreen.AI was the biggest laggard, declining 4.1%, followed by shares of Singapore Telecom, which dropped 1.8%. Shares of China Aviation Oil declined 1.7%.

AEM Holdings was the biggest leader during the session, gaining 4.7%, and Hong Leong Asia added 4.0%. Keppel DC REIT rounded out the top three movers, as shares rose 3.2%.

On the currency front, the WSJ Dollar Index held steady at 96.10. The U.S. dollar held steady against the Singapore dollar at S$1.28.

In the bond markets, the 10-year Singaporean government bond yield fell 7 basis points to 2.291%.

Data source: Dow Jones Market Data, FactSet

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