Singaporean Stocks Climb For Seventh Session

Dow Jones
04-23

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

Stocks in Singapore rose Wednesday, as the FTSE Straits Times Index increased 1.0% to 3832.32, the seventh consecutive session of increases.

Among local companies with a market cap of at least 1 billion Singapore dollars ($763.5 million), Far East Hospitality Tr was the biggest leader during the session, jumping 6.6%, and ESR-REIT jumped 4.9%. Frasers Property rounded out the top three movers, as shares rose 3.8%.

Singapore Techs Engineerg was the biggest laggard, declining 3.8%, followed by shares of Centurion Corp, which dropped 1.7%. Shares of GuocoLand dropped 1.4%.

On the currency front, the WSJ Dollar Index fell 0.1% to 95.80. The U.S. dollar strengthened 0.1% against the Singapore dollar to S$1.31.

In the bond markets, the 10-year Singaporean government bond yield declined 5 basis points to 2.540%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

April 23, 2025 05:46 ET (09:46 GMT)

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