Singapore Stocks Close Lower. First Resources up over 6%; Bumitama Agri up 5%; Venture up 3%; ST Engineering up over 2%; Frasers Property, Lendlease Reit, PropNex Down About 2%

Dow Jones
11/17

Stocks in Singapore slipped Monday, as the FTSE Straits Times Index declined 0.1% to 4543.59.

Among local companies with a market cap of at least 1 billion Singapore dollars ($768.3 million), Frasers Property was the biggest laggard, dropping 2.9%, followed by shares of SBS Transit, which fell 2.8%. Shares of Lendlease Gl Cmcl REIT declined 2.4%.

First Resources up over 6%; Bumitama Agri up 5%; Venture up 3%; ST Engineering up over 2%; Frasers Property, Lendlease Reit, PropNex down about 2%.

Hour Glass was the biggest leader during the session, jumping 5.8%, and Bumitama Agri jumped 5.1%. Venture rounded out the top three movers, as shares increased 3.0%.

On the currency front, the WSJ Dollar Index increased 0.1% to 96.77. The U.S. dollar weakened 0.2% against the Singapore dollar to S$1.30.

In the bond markets, the 10-year Singaporean government bond yield increased 1 basis point to 1.960%.

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