Singaporean Stocks Climb For Second Session

Dow Jones
05/28

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

Stocks in Singapore rose Wednesday, as the FTSE Straits Times Index increased 0.4% to 3911.92, the second consecutive session of increases.

Among local companies with a market cap of at least 1 billion Singapore dollars ($776.4 million), SIA Engineering was the biggest leader during the session, increasing 4.6%, and Centurion Corp increased 3.6%. AIMS APAC REIT rounded out the top three movers, as shares increased 2.4%.

ComfortDelGro was the biggest laggard, dropping 2.1%, followed by shares of Olam Group, which declined 1.7%. Shares of Sheng Siong Group dropped 1.6%.

On the currency front, the WSJ Dollar Index dropped 0.1% to 95.80. The U.S. dollar strengthened 0.1% against the Singapore dollar to S$1.29.

In the bond markets, the 10-year Singaporean government bond yield rose 3 basis points to 2.445%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 28, 2025 05:46 ET (09:46 GMT)

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