Singaporean Stocks Climb 0.7%. Bumitama Agri Adds 6%; SATS, Ultragreen.AI Gain over 4%; Hutchison Port Hldgs Declines 3%; CapitaLand China Trust Drops 4%

Dow Jones
Jun 18

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

Stocks in Singapore rose Thursday, as the FTSE Straits Times Index added 0.7% to 5212.84.

Among local companies with a market cap of at least 1 billion Singapore dollars ($775.5 million), Bumitama Agri was the biggest leader during the session, surging 6.0%, and Ultragreen.AI jumped 4.5%. SATS Ltd rounded out the top three movers, as shares added 4.1%.

CapitaLand China Trust was the biggest laggard, dropping 3.8%, followed by shares of Hutchison Port Hldgs Tr, which declined 3.0%. Shares of ESR-REIT fell 2.9%.

On the currency front, the WSJ Dollar Index added 0.1% to 96.87. 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 increased 3 basis points to 2.025%.

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