Singapore Shares Edge 0.2% Lower, Tracking Wall Street's Losses -- Market Talk

Dow Jones
01-17

0110 GMT - Singapore's FTSE Straits Times Index edges 0.2% lower to 3794.17, tracking Wall Street's losses overnight. Market participants are likely to focus on a slew of China economic data due out today, UOB's Global Economics & Markets Research team says in a note. China's 4Q GDP growth is likely to have improved to 5% on-year from 4.6% previously, the team adds. Among the worst performers on the benchmark index, Wilmar International falls 1.0%, Singapore Technologies Engineering sheds 0.8%, and index heavyweight DBS is down 0.5%. Meanwhile, Genting Singapore rises 1.35% and Thai Beverage adds 0.9%. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

January 16, 2025 20:10 ET (01:10 GMT)

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