Monday, November 16, 2015

STI slips 0.94% to 2,898.27 at midday

sgx picks todaySINGAPORE (Nov 16): Singapore equities nudged lower at noon on Monday, amid declines in other Asian bourses following attacks in Paris. Adding to the weak sentiment, Japan's economy also entered into a technical recession in the third quarter.

The Nikkei 225 and KOSPI Indices both slipped around 1%, while the Hang Seng Index slumped about 1.6%.

By 12.08 p.m., the Straits Times Index declined 0.94% to 2,898.27. Market breadth was negative. Excluding warrants, decliners outnumber gainers 255 to 74.

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