Singapore: STI Index falls 0.46% at Thursday opening Following declines on Wall Street and European markets the day before, the Straits Times Index (STI) sank 15.88 points or 0.46 per cent in early trading to 3,471.27.
- Singapore share prices closed 0.2 per cent lower on Wednesday with the Straits Times Index down 7.94 points to 3,487.15, as investors nervously awaited the outcome of the two-day Federal Reserve policy meeting.
- The Federal Reserve left open its timeframe for a rise in interest rates on Wednesday, following a winter slowdown that stalled US economic growth.
- Most Asian stock markets sank Thursday after US growth data fell well short of forecasts, sending the dollar to a near two-month low against the euro as the chances of an interest rate hike in early summer faded.
- REAL estate firm Boustead Projects, which started trading on the Singapore Exchange (SGX) mainboard, climbed to a high of 99.5 Singapore cents in early morning trading.
- Yangzijiang Shipbuilding reported that its net profit for the first quarter ended March 31, 2015, fell 12 per cent from a year ago to 706.88 million yuan .
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Thursday, April 30, 2015
STI Index falls 0.46% at Thursday
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