Singaporean Stocks Add 0.7% in Early Trading

Dow Jones
08/06

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

Stocks in Singapore rose during early trading Thursday, as the FTSE Straits Times Index added 0.7% to 5617.91.

Among local companies with a market cap of at least 1 billion Singapore dollars ($780.9 million), Thomson Medical Group is the biggest leader this morning, adding 1.9%, and DBS Group Holdings rose 1.8%. BRC Asia rounds out the top three movers, as shares rose 1.4%.

Frencken Group is the biggest early laggard, falling 2.7%, followed by shares of Golden Agri-Resources, which dropped 1.8%. Shares of Keppel DC REIT dropped 1.8%.

The U.S. dollar held steady against the Singapore dollar at S$1.28.

In the bond markets, the 10-year Singaporean government bond yield rose 0.4 basis point to 2.295%.

Data source: Dow Jones Market Data, FactSet

 

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