Singaporean Stocks Decrease 0.6% in Morning Trading

Dow Jones08-13

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

Stocks in Singapore slipped during early trading Thursday, as the FTSE Straits Times Index dropped 0.6% to 5687.18.

Among local companies with a market cap of at least 1 billion Singapore dollars ($781.3 million), Centurion Corp is the biggest early laggard, tumbling 6.9%, followed by shares of Wilmar International, which declined 3.8%. Shares of PropNex fell 3.2%.

City Developments is the biggest leader this morning, jumping 8.3%, and AEM Holdings surged 6.4%. Frencken Group rounds out the top three movers, as shares gained 3.4%.

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 declined 2.5 basis points to 2.270%.

Data source: Dow Jones Market Data, FactSet

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