Singaporean Stocks Drop 0.3% In Morning Trading

Dow Jones
05-08

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

Stocks in Singapore slipped during early trading Thursday, as the FTSE Straits Times Index fell 0.3% to 3853.10.

Among local companies with a market cap of at least 1 billion Singapore dollars ($772.4 million), Riverstone Holdings is the biggest early laggard, falling 4.5%, followed by shares of Mapletree Logistics Trust, which fell 3.5%. Shares of ESR-REIT dropped 3.1%.

Thomson Medical Group is the biggest leader this morning, adding 2.4%, and DBS Group Holdings rose 1.5%. Golden Agri-Resources rounds out the top three movers, as shares gained 1.3%.

The U.S. dollar held steady against the Singapore dollar at S$1.29.

In the bond markets, the 10-year Singaporean government bond yield fell 1 basis point to 2.395%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 07, 2025 21:31 ET (01:31 GMT)

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