Singaporean Stocks Drop 0.3% In Morning Trading

Dow Jones
08 May

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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