Singaporean Stocks Climb For Seventh Session

Dow Jones
23 Apr

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 1.0% to 3832.32, the seventh consecutive session of increases.

Among local companies with a market cap of at least 1 billion Singapore dollars ($763.5 million), Far East Hospitality Tr was the biggest leader during the session, jumping 6.6%, and ESR-REIT jumped 4.9%. Frasers Property rounded out the top three movers, as shares rose 3.8%.

Singapore Techs Engineerg was the biggest laggard, declining 3.8%, followed by shares of Centurion Corp, which dropped 1.7%. Shares of GuocoLand dropped 1.4%.

On the currency front, the WSJ Dollar Index fell 0.1% to 95.80. The U.S. dollar strengthened 0.1% against the Singapore dollar to S$1.31.

In the bond markets, the 10-year Singaporean government bond yield declined 5 basis points to 2.540%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

April 23, 2025 05:46 ET (09:46 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10