Singapore Shares Open Lower on Tuesday

MT Newswires
07/28

Singapore shares fell at the open on Tuesday, tracking declines across Asia, on caution ahead of key central bank decisions and tech earnings.

The Straits Times Index retreated 0.8%, or 42.8 points, to 5,577.430.

Investors will be focused on interest rate decisions from the U.S. Federal Reserve, the Bank of Japan and the Bank of England this week, while also monitoring corporate earnings and geopolitical developments.

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