Wednesday, 16 August 2017

Singapore shares down 0.57% on Wednesday

SINGAPORE stocks opened 0.57 for each penny bring down on Wednesday, with the Straits Times Index falling 18.87 focuses to 3,276.06 as at 9.05am. 

This comes as stocks finished level on Wall Street; US stocks completed minimal changed on Tuesday as strong retail deals information counterbalance share value decays from some retail chains that detailed disillusioning profit. Tokyo stocks likewise opened level on Wednesday after solid picks up the earlier day . 

On the Singapore bourse, around 60.9 million offers worth S$66.4 million altogether changed hands. Failures dwarfed gainers 82 to 58. 

Among the most elevated esteem exchanged stocks were the three nearby banks. DBS fell 12 Singapore pennies to S$20.66; OCBC lost 10 pennies to S$11.11; UOB dropped 20 pennies to S$23.76. 

The Business Times on Wednesday announced that Singapore banks' introduction to the oil and gas division is back in the spotlight after the unexpected suspension of Ezion Holdings and overwhelming quarterly misfortunes - totalling nearly S$1 billion - endured by Nam Cheong and Marco Polo Marine.

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