singapore stocks end down 003 percent
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Singapore stocks end down 0.03 percent

Arab Today, arab today

Arab Today, arab today Singapore stocks end down 0.03 percent

Singapore stocks
Singapore - Xinhua

Singapore shares closed 0.03 percent lower on Monday, as rising geopolitical tension in North Asia weighed on investors' sentiment.

Market sentiment took a hit after the Democratic People's Republic of Korea fired four ballistic missiles early in the day, while a spat between China and South Korea over missile defense deepened.

Meanwhile, investors were also digesting the near-certain prospect of an interest rate hike in the United States this month after U.S. Federal Reserve Chair Janet Yellen on March 3 gave strongest signals for an interest rate rise in March.

While she reiterated her opinion that rate hikes will remain gradual in the future, she added that rate hikes "will likely be appropriate in the months and years ahead. Those increases would keep the economy from significantly overheating, thereby sustaining the expansion and maintaining price stability."

Singapore's benchmark Straits Times Index fell 0.83 points to 3,121.51 points. Trading volume was 2.64 billion shares worth 1.08 billion Singapore dollars (766 million U.S. dollars). Decliners outnumbered advancers 256 to 234.

Kingboard Copper Foil soared 20.6 percent to 41 Singapore cents. The parent company Kingboard Chemical group has made a voluntary offer at 40 Singapore cents per share for all the shares of Kingboard Copper Foil, other than those which are already owned by the group. The offer price is at a 17.6 percent premium to the last traded price.

Spackman Entertainment Group dropped 1.2 percent to 16.8 Singapore cents. It has entered into a nonbinding memorandum of understanding for the proposed acquisition of 100 percent stake in Frame Pictures. Frame Pictures is a leading movie and drama equipment leasing player in Korea's entertainment sector. The proposed acquisition would help the Group to help create a more diversified and consistent revenue stream.

Among top gainers, Bukit Sembawang jumped 16.4 percent to 6.25 Singapore dollars, while Jardine Matheson became one of the top losers by falling 0.6 percent to 65.60 U.S. dollars. (1 U.S. dollar = 1.41 Singapore dollars)

source: Xinhua

arabstoday
arabstoday

GMT 17:51 2017 Monday ,27 March

Singapore stocks close 0.51% lower

GMT 14:27 2017 Friday ,10 February

Singapore stocks close 0.66%higher

GMT 13:09 2017 Thursday ,09 February

Singapore stocks close 0.44 pct higher

GMT 12:55 2017 Wednesday ,01 February

Singapore stocks end up 0.68%

GMT 12:15 2017 Wednesday ,01 February

Singapore stocks close 0.68% higher
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

singapore stocks end down 003 percent singapore stocks end down 003 percent

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

singapore stocks end down 003 percent singapore stocks end down 003 percent

 



GMT 11:28 2017 Saturday ,15 April

President Al-Bashir's visit to Kuwait and Bahrain

GMT 07:51 2017 Sunday ,26 November

HRH Crown Prince condoles with Egyptian President

GMT 14:35 2018 Friday ,12 October

Bahrain's media history documentation hailed

GMT 11:45 2017 Friday ,29 December

10 bodies found in mass grave in Myanmar

GMT 08:44 2016 Monday ,19 December

Hopeless Afghan struggle to save boy sex slaves

GMT 15:15 2013 Friday ,05 July

I breathe freedom in Jordan

GMT 12:55 2016 Sunday ,18 December

Kerry in likely last visit with Saudi king

GMT 05:49 2017 Wednesday ,24 May

Indian police make arrests after mobs lynch 8

GMT 12:12 2017 Sunday ,19 February

More South Sudanese officials quit unity gov't

GMT 09:25 2017 Wednesday ,09 August

Ghada Abdel Raziq prefers exciting drama

GMT 15:03 2017 Saturday ,14 October

HM King congratulates French President

GMT 22:10 2017 Wednesday ,03 May

Boosting Bahraini-Czech relations discussed

GMT 12:43 2017 Thursday ,30 November

Saudi prince freed in 'billion-dollar deal'

GMT 03:55 2017 Friday ,17 November

Al-Hilal's Eduardo looking to lead from the front

GMT 03:26 2017 Saturday ,18 November

Tesla's all-electric semi truck
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday