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Singapore stocks weaker at end of day, STI dives 1.29%

byCustoms Today Report
17/08/2015
in Uncategorized
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SINGAPORE: Singapore stocks were lower after the close on Monday, as losses in the Technology, Basic Materials and Oil & Gas sectors led shares lower.

At the close in Singapore, the FTSE Straits Times Singapore fell 1.29%.

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The best performers of the session on the FTSE Straits Times Singapore were Singapore Exchange Ltd (SIN:SGXL), which rose 0.66% or 0.05 points to trade at 7.62 at the close. Meanwhile, Thai Beverage Public Co Ltd (SIN:TBEV) added 0.65% or 0.005 points to end at 0.770 and Genting Singapore Plc (SIN:GENS) was up 0.63% or 0.005 points to 0.800 in late trade.

The worst performers of the session were Noble Group Limited (SIN:NOBG), which fell 7.14% or 0.035 points to trade at 0.455 at the close. United Overseas Bank Ltd (SIN:UOBH) declined 3.40% or 0.70 points to end at 19.88 and Comfortdelgro Corporation Ltd (SIN:CMDG) was down 3.22% or 0.100 points to 3.010.

Falling stocks outnumbered advancing ones on the Singapore Stock Exchange by 334 to 113 and 28 ended unchanged.

Shares in Noble Group Limited (SIN:NOBG) fell to 5-year lows; losing 7.14% or 0.035 to 0.455. Shares in United Overseas Bank Ltd (SIN:UOBH) fell to 52-week lows; losing 3.40% or 0.70 to 19.88.

Crude oil for October delivery was down 0.81% or 0.35 to $42.76 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.02% or 0.01 to hit $49.20 a barrel, while the December Gold contract rose 0.29% or 3.20 to trade at $1115.90 a troy ounce.

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