Soft Start Seen For Singapore Stock Market

The Singapore stock market has finished lower in consecutive trading days, tumbling almost 65 points or 2.1 percent along the way. The Straits Times Index now rests just above the 2,960-point plateau and it’s expected to open in the red again on Monday.

The global forecast for the Asian markets remains negative on coronavirus fears and its effect on the world economy. The European and U.S. markets were down on Friday and now the Asian bourses are tipped to open in similar fashion.

The STI finished sharply lower on Friday following losses from the financial shares and the property stocks.

For the day, the index plunged 57.29 points or 1.90 percent to finish at 2,960.98 after trading between 2,959.16 and 3,000.14. Volume was 1.38 billion shares worth 1.63 billion Singapore dollars. There were 362 decliners and 137 gainers.

Among the actives, Yangzijiang Shipbuilding surged 5.23 percent, while CapitaLand plummeted 4.07 percent, DBS Group plunged 2.54 percent, Thai Beverage tumbled 2.50 percent, United Overseas Bank skidded 2.27 percent, Wilmar International retreated 2.22 percent, Ascendas REIT declined 2.03 percent, Oversea-Chinese Banking Corporation dropped 2.02 percent, CapitaLand Mall Trust sank 1.98 percent, CapitaLand Commercial Trust shed 1.95 percent, Genting Singapore lost 1.90 percent, SembCorp Industries fell 1.67 percent, SingTel slid 1.34 percent, Mapletree Logistics Trust dipped 1.00 percent, Mapletree Commercial Trust was down 0.87 percent and Comfort DelGro was unchanged.

The lead from Wall Street is soft as stocks opened sharply lower on Friday. They pulled back from sessions lows as the day progressed but still ended firmly in the red.

The Dow shed 256.50 points or 0.98 percent to end at 25,864,78, while the NASDAQ lost 162.98 points or 1.87 percent to 8,575.62 and the S&P 500 fell 51.57 points or 1.71 percent to 2,972.37. For the week, the Dow added 1.8

Read More Here...

Soft Start Seen For Singapore Stock Market

The Singapore stock market has finished lower in consecutive trading days, tumbling almost 65 points or 2.1 percent along the way. The Straits Times Index now rests just above the 2,960-point plateau and it’s expected to open in the red again on Monday.

The global forecast for the Asian markets remains negative on coronavirus fears and its effect on the world economy. The European and U.S. markets were down on Friday and now the Asian bourses are tipped to open in similar fashion.

The STI finished sharply lower on Friday following losses from the financial shares and the property stocks.

For the day, the index plunged 57.29 points or 1.90 percent to finish at 2,960.98 after trading between 2,959.16 and 3,000.14. Volume was 1.38 billion shares worth 1.63 billion Singapore dollars. There were 362 decliners and 137 gainers.

Among the actives, Yangzijiang Shipbuilding surged 5.23 percent, while CapitaLand plummeted 4.07 percent, DBS Group plunged 2.54 percent, Thai Beverage tumbled 2.50 percent, United Overseas Bank skidded 2.27 percent, Wilmar International retreated 2.22 percent, Ascendas REIT declined 2.03 percent, Oversea-Chinese Banking Corporation dropped 2.02 percent, CapitaLand Mall Trust sank 1.98 percent, CapitaLand Commercial Trust shed 1.95 percent, Genting Singapore lost 1.90 percent, SembCorp Industries fell 1.67 percent, SingTel slid 1.34 percent, Mapletree Logistics Trust dipped 1.00 percent, Mapletree Commercial Trust was down 0.87 percent and Comfort DelGro was unchanged.

The lead from Wall Street is soft as stocks opened sharply lower on Friday. They pulled back from sessions lows as the day progressed but still ended firmly in the red.

The Dow shed 256.50 points or 0.98 percent to end at 25,864,78, while the NASDAQ lost 162.98 points or 1.87 percent to 8,575.62 and the S&P 500 fell 51.57 points or 1.71 percent to 2,972.37. For the week, the Dow added 1.8

Read More Here...

Soft Start Seen For Singapore Stock Market

The Singapore stock market has finished lower in consecutive trading days, tumbling almost 65 points or 2.1 percent along the way. The Straits Times Index now rests just above the 2,960-point plateau and it’s expected to open in the red again on Monday.

The global forecast for the Asian markets remains negative on coronavirus fears and its effect on the world economy. The European and U.S. markets were down on Friday and now the Asian bourses are tipped to open in similar fashion.

The STI finished sharply lower on Friday following losses from the financial shares and the property stocks.

For the day, the index plunged 57.29 points or 1.90 percent to finish at 2,960.98 after trading between 2,959.16 and 3,000.14. Volume was 1.38 billion shares worth 1.63 billion Singapore dollars. There were 362 decliners and 137 gainers.

Among the actives, Yangzijiang Shipbuilding surged 5.23 percent, while CapitaLand plummeted 4.07 percent, DBS Group plunged 2.54 percent, Thai Beverage tumbled 2.50 percent, United Overseas Bank skidded 2.27 percent, Wilmar International retreated 2.22 percent, Ascendas REIT declined 2.03 percent, Oversea-Chinese Banking Corporation dropped 2.02 percent, CapitaLand Mall Trust sank 1.98 percent, CapitaLand Commercial Trust shed 1.95 percent, Genting Singapore lost 1.90 percent, SembCorp Industries fell 1.67 percent, SingTel slid 1.34 percent, Mapletree Logistics Trust dipped 1.00 percent, Mapletree Commercial Trust was down 0.87 percent and Comfort DelGro was unchanged.

The lead from Wall Street is soft as stocks opened sharply lower on Friday. They pulled back from sessions lows as the day progressed but still ended firmly in the red.

The Dow shed 256.50 points or 0.98 percent to end at 25,864,78, while the NASDAQ lost 162.98 points or 1.87 percent to 8,575.62 and the S&P 500 fell 51.57 points or 1.71 percent to 2,972.37. For the week, the Dow added 1.8

Read More Here...

Soft Start Seen For Singapore Stock Market

The Singapore stock market has finished lower in consecutive trading days, tumbling almost 65 points or 2.1 percent along the way. The Straits Times Index now rests just above the 2,960-point plateau and it’s expected to open in the red again on Monday.

The global forecast for the Asian markets remains negative on coronavirus fears and its effect on the world economy. The European and U.S. markets were down on Friday and now the Asian bourses are tipped to open in similar fashion.

The STI finished sharply lower on Friday following losses from the financial shares and the property stocks.

For the day, the index plunged 57.29 points or 1.90 percent to finish at 2,960.98 after trading between 2,959.16 and 3,000.14. Volume was 1.38 billion shares worth 1.63 billion Singapore dollars. There were 362 decliners and 137 gainers.

Among the actives, Yangzijiang Shipbuilding surged 5.23 percent, while CapitaLand plummeted 4.07 percent, DBS Group plunged 2.54 percent, Thai Beverage tumbled 2.50 percent, United Overseas Bank skidded 2.27 percent, Wilmar International retreated 2.22 percent, Ascendas REIT declined 2.03 percent, Oversea-Chinese Banking Corporation dropped 2.02 percent, CapitaLand Mall Trust sank 1.98 percent, CapitaLand Commercial Trust shed 1.95 percent, Genting Singapore lost 1.90 percent, SembCorp Industries fell 1.67 percent, SingTel slid 1.34 percent, Mapletree Logistics Trust dipped 1.00 percent, Mapletree Commercial Trust was down 0.87 percent and Comfort DelGro was unchanged.

The lead from Wall Street is soft as stocks opened sharply lower on Friday. They pulled back from sessions lows as the day progressed but still ended firmly in the red.

The Dow shed 256.50 points or 0.98 percent to end at 25,864,78, while the NASDAQ lost 162.98 points or 1.87 percent to 8,575.62 and the S&P 500 fell 51.57 points or 1.71 percent to 2,972.37. For the week, the Dow added 1.8

Read More Here...

Soft Start Seen For Singapore Stock Market

The Singapore stock market has finished lower in consecutive trading days, tumbling almost 65 points or 2.1 percent along the way. The Straits Times Index now rests just above the 2,960-point plateau and it’s expected to open in the red again on Monday.

The global forecast for the Asian markets remains negative on coronavirus fears and its effect on the world economy. The European and U.S. markets were down on Friday and now the Asian bourses are tipped to open in similar fashion.

The STI finished sharply lower on Friday following losses from the financial shares and the property stocks.

For the day, the index plunged 57.29 points or 1.90 percent to finish at 2,960.98 after trading between 2,959.16 and 3,000.14. Volume was 1.38 billion shares worth 1.63 billion Singapore dollars. There were 362 decliners and 137 gainers.

Among the actives, Yangzijiang Shipbuilding surged 5.23 percent, while CapitaLand plummeted 4.07 percent, DBS Group plunged 2.54 percent, Thai Beverage tumbled 2.50 percent, United Overseas Bank skidded 2.27 percent, Wilmar International retreated 2.22 percent, Ascendas REIT declined 2.03 percent, Oversea-Chinese Banking Corporation dropped 2.02 percent, CapitaLand Mall Trust sank 1.98 percent, CapitaLand Commercial Trust shed 1.95 percent, Genting Singapore lost 1.90 percent, SembCorp Industries fell 1.67 percent, SingTel slid 1.34 percent, Mapletree Logistics Trust dipped 1.00 percent, Mapletree Commercial Trust was down 0.87 percent and Comfort DelGro was unchanged.

The lead from Wall Street is soft as stocks opened sharply lower on Friday. They pulled back from sessions lows as the day progressed but still ended firmly in the red.

The Dow shed 256.50 points or 0.98 percent to end at 25,864,78, while the NASDAQ lost 162.98 points or 1.87 percent to 8,575.62 and the S&P 500 fell 51.57 points or 1.71 percent to 2,972.37. For the week, the Dow added 1.8

Read More Here...

Soft Start Seen For Singapore Stock Market

The Singapore stock market has finished lower in consecutive trading days, tumbling almost 65 points or 2.1 percent along the way. The Straits Times Index now rests just above the 2,960-point plateau and it’s expected to open in the red again on Monday.

The global forecast for the Asian markets remains negative on coronavirus fears and its effect on the world economy. The European and U.S. markets were down on Friday and now the Asian bourses are tipped to open in similar fashion.

The STI finished sharply lower on Friday following losses from the financial shares and the property stocks.

For the day, the index plunged 57.29 points or 1.90 percent to finish at 2,960.98 after trading between 2,959.16 and 3,000.14. Volume was 1.38 billion shares worth 1.63 billion Singapore dollars. There were 362 decliners and 137 gainers.

Among the actives, Yangzijiang Shipbuilding surged 5.23 percent, while CapitaLand plummeted 4.07 percent, DBS Group plunged 2.54 percent, Thai Beverage tumbled 2.50 percent, United Overseas Bank skidded 2.27 percent, Wilmar International retreated 2.22 percent, Ascendas REIT declined 2.03 percent, Oversea-Chinese Banking Corporation dropped 2.02 percent, CapitaLand Mall Trust sank 1.98 percent, CapitaLand Commercial Trust shed 1.95 percent, Genting Singapore lost 1.90 percent, SembCorp Industries fell 1.67 percent, SingTel slid 1.34 percent, Mapletree Logistics Trust dipped 1.00 percent, Mapletree Commercial Trust was down 0.87 percent and Comfort DelGro was unchanged.

The lead from Wall Street is soft as stocks opened sharply lower on Friday. They pulled back from sessions lows as the day progressed but still ended firmly in the red.

The Dow shed 256.50 points or 0.98 percent to end at 25,864,78, while the NASDAQ lost 162.98 points or 1.87 percent to 8,575.62 and the S&P 500 fell 51.57 points or 1.71 percent to 2,972.37. For the week, the Dow added 1.8

Read More Here...

Soft Start Seen For Singapore Stock Market

The Singapore stock market has finished lower in consecutive trading days, tumbling almost 65 points or 2.1 percent along the way. The Straits Times Index now rests just above the 2,960-point plateau and it’s expected to open in the red again on Monday.

The global forecast for the Asian markets remains negative on coronavirus fears and its effect on the world economy. The European and U.S. markets were down on Friday and now the Asian bourses are tipped to open in similar fashion.

The STI finished sharply lower on Friday following losses from the financial shares and the property stocks.

For the day, the index plunged 57.29 points or 1.90 percent to finish at 2,960.98 after trading between 2,959.16 and 3,000.14. Volume was 1.38 billion shares worth 1.63 billion Singapore dollars. There were 362 decliners and 137 gainers.

Among the actives, Yangzijiang Shipbuilding surged 5.23 percent, while CapitaLand plummeted 4.07 percent, DBS Group plunged 2.54 percent, Thai Beverage tumbled 2.50 percent, United Overseas Bank skidded 2.27 percent, Wilmar International retreated 2.22 percent, Ascendas REIT declined 2.03 percent, Oversea-Chinese Banking Corporation dropped 2.02 percent, CapitaLand Mall Trust sank 1.98 percent, CapitaLand Commercial Trust shed 1.95 percent, Genting Singapore lost 1.90 percent, SembCorp Industries fell 1.67 percent, SingTel slid 1.34 percent, Mapletree Logistics Trust dipped 1.00 percent, Mapletree Commercial Trust was down 0.87 percent and Comfort DelGro was unchanged.

The lead from Wall Street is soft as stocks opened sharply lower on Friday. They pulled back from sessions lows as the day progressed but still ended firmly in the red.

The Dow shed 256.50 points or 0.98 percent to end at 25,864,78, while the NASDAQ lost 162.98 points or 1.87 percent to 8,575.62 and the S&P 500 fell 51.57 points or 1.71 percent to 2,972.37. For the week, the Dow added 1.8

Read More Here...

Continued Consolidation Likely For Malaysia Bourse

The Malaysia stock market on Friday ended the three-day winning streak in which it had gained more than 25 points or 1.6 percent. The Kuala Lumpur Composite Index now rests just above the 1,480-point plateau and it may take further damage on Monday.

The global forecast for the Asian markets remains negative on coronavirus fears and its effect on the world economy. The European and U.S. markets were down on Friday and now the Asian bourses are tipped to open in similar fashion.

The KLCI finished modestly lower om Friday following mixed performances from the financial shares, plantation stocks and telecoms.

For the day, the index fell 7.93 points or 0.53 percent to end at 1,483.10 after trading between 1,479.74 and 1,486.84. Volume was 2.6 billion shares worth 2.3 billion ringgit. There were 649 decliners and 251 gainers.

Among the actives, Top Glove surged 4.71 percent, while Malaysia Airports Holdings plummeted 3.38 percent, Press Metal plunged 3.09 percent, Hartalega Holdings soared 2.73 percent, IGH Healthcare spiked 2.68 percent, Genting tumbled 2.46 percent, Public Bank skidded 1.89 percent, Dialog Group retreated 1.50 percent, CIMB Group declined 1.33 percent, Axiata sank 1.23 percent, Genting Malaysia dropped 1.09 percent, IOI Corporation shed 0.95 percent, Maxis jumped 0.93 percent, Sime Darby Plantations advanced 0.82 percent, Digi.com added 0.48 percent, Kuala Lumpur Kepong gained 0.37 percent, Maybank lost 0.35 percent, Tenaga Nasional fell 0.32 percent, AMMB Goldings slid 0.27 percent, Petronas Chemicals and RHB Capital both dipped 0.18 percent, MISC eased 0.13 percent and Sime Darby and Petronas Dagangan were unchanged.

The lead from Wall Street is soft as stocks opened sharply lower on Friday. They pulled back from sessions lows as the day progressed but still ended firmly in the red.

The Dow shed 256.50 points or 0.98 percent to end at 25,864,78, while

Read More Here...

Continued Consolidation Likely For Malaysia Bourse

The Malaysia stock market on Friday ended the three-day winning streak in which it had gained more than 25 points or 1.6 percent. The Kuala Lumpur Composite Index now rests just above the 1,480-point plateau and it may take further damage on Monday.

The global forecast for the Asian markets remains negative on coronavirus fears and its effect on the world economy. The European and U.S. markets were down on Friday and now the Asian bourses are tipped to open in similar fashion.

The KLCI finished modestly lower om Friday following mixed performances from the financial shares, plantation stocks and telecoms.

For the day, the index fell 7.93 points or 0.53 percent to end at 1,483.10 after trading between 1,479.74 and 1,486.84. Volume was 2.6 billion shares worth 2.3 billion ringgit. There were 649 decliners and 251 gainers.

Among the actives, Top Glove surged 4.71 percent, while Malaysia Airports Holdings plummeted 3.38 percent, Press Metal plunged 3.09 percent, Hartalega Holdings soared 2.73 percent, IGH Healthcare spiked 2.68 percent, Genting tumbled 2.46 percent, Public Bank skidded 1.89 percent, Dialog Group retreated 1.50 percent, CIMB Group declined 1.33 percent, Axiata sank 1.23 percent, Genting Malaysia dropped 1.09 percent, IOI Corporation shed 0.95 percent, Maxis jumped 0.93 percent, Sime Darby Plantations advanced 0.82 percent, Digi.com added 0.48 percent, Kuala Lumpur Kepong gained 0.37 percent, Maybank lost 0.35 percent, Tenaga Nasional fell 0.32 percent, AMMB Goldings slid 0.27 percent, Petronas Chemicals and RHB Capital both dipped 0.18 percent, MISC eased 0.13 percent and Sime Darby and Petronas Dagangan were unchanged.

The lead from Wall Street is soft as stocks opened sharply lower on Friday. They pulled back from sessions lows as the day progressed but still ended firmly in the red.

The Dow shed 256.50 points or 0.98 percent to end at 25,864,78, while

Read More Here...

Continued Consolidation Likely For Malaysia Bourse

The Malaysia stock market on Friday ended the three-day winning streak in which it had gained more than 25 points or 1.6 percent. The Kuala Lumpur Composite Index now rests just above the 1,480-point plateau and it may take further damage on Monday.

The global forecast for the Asian markets remains negative on coronavirus fears and its effect on the world economy. The European and U.S. markets were down on Friday and now the Asian bourses are tipped to open in similar fashion.

The KLCI finished modestly lower om Friday following mixed performances from the financial shares, plantation stocks and telecoms.

For the day, the index fell 7.93 points or 0.53 percent to end at 1,483.10 after trading between 1,479.74 and 1,486.84. Volume was 2.6 billion shares worth 2.3 billion ringgit. There were 649 decliners and 251 gainers.

Among the actives, Top Glove surged 4.71 percent, while Malaysia Airports Holdings plummeted 3.38 percent, Press Metal plunged 3.09 percent, Hartalega Holdings soared 2.73 percent, IGH Healthcare spiked 2.68 percent, Genting tumbled 2.46 percent, Public Bank skidded 1.89 percent, Dialog Group retreated 1.50 percent, CIMB Group declined 1.33 percent, Axiata sank 1.23 percent, Genting Malaysia dropped 1.09 percent, IOI Corporation shed 0.95 percent, Maxis jumped 0.93 percent, Sime Darby Plantations advanced 0.82 percent, Digi.com added 0.48 percent, Kuala Lumpur Kepong gained 0.37 percent, Maybank lost 0.35 percent, Tenaga Nasional fell 0.32 percent, AMMB Goldings slid 0.27 percent, Petronas Chemicals and RHB Capital both dipped 0.18 percent, MISC eased 0.13 percent and Sime Darby and Petronas Dagangan were unchanged.

The lead from Wall Street is soft as stocks opened sharply lower on Friday. They pulled back from sessions lows as the day progressed but still ended firmly in the red.

The Dow shed 256.50 points or 0.98 percent to end at 25,864,78, while

Read More Here...