Monday, March 30, 2015

Singapore's STI opens weaker

SINGAPORE share prices opened lower on Monday, with the Straits Times Index down 7.27 points to 3,442.83 as at 9.01 am.
Some 84.2 million shares worth S$59.2 million changed hands, with gainers outnumbering losers 75 to 73.

This comes as Asian markets got off to a sluggish start in a week book ended with Easter holidays across the world and a US jobs report that could impact the timing of the first hike in interest rates there, according to a Reuters report. Tokyo shares opened almost flat, up 0.05 per cent, or 9.58 points, at the start on Monday, while Australia shares fell amid a slump in crude oil, sliding one per cent by 10.54 am Sydney time (7.54am Singapore time).

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