Singaporean Stocks Decrease 2.2%

Dow Jones
04-09

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Singapore fell Wednesday, as the FTSE Straits Times Index declined 2.2% to 3393.69, the eighth consecutive session of decreases.

Among local companies with a market cap of at least 1 billion Singapore dollars ($742.1 million), ESR-REIT was the biggest laggard, tumbling 9.1%, followed by shares of Mapletree Logistics Trust, which plunged 8.7%. Shares of CapitaLand China Trust tumbled 8.0%.

Riverstone Holdings was the biggest leader during the session, surging 6.5%, and Hotel Properties jumped 3.1%. Pacific Century Reg Devt rounded out the top three movers, as shares increased 2.7%.

On the currency front, the WSJ Dollar Index fell 0.5% to 98.94. The U.S. dollar strengthened 0.4% against the Singapore dollar to S$1.35.

In the bond markets, the 10-year Singaporean government bond yield increased 15.5 basis points to 2.745%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

April 09, 2025 05:45 ET (09:45 GMT)

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