Singaporean Stocks Rise For Third Session

Dow Jones
04-16

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

Stocks in Singapore gained Wednesday, as the FTSE Straits Times Index increased 1.0% to 3662.45, the third consecutive session of increases.

Among local companies with a market cap of at least 1 billion Singapore dollars ($761.0 million), Singapore Techs Engineerg was the biggest leader during the session, adding 3.8%, and Singapore Telecom gained 3.4%. Keppel DC REIT rounded out the top three movers, as shares gained 3.0%.

Thomson Medical Group was the biggest laggard, dropping 2.4%, followed by shares of Lendlease Gl Cmcl REIT, which fell 2.0%. Shares of Olam Group declined 1.6%.

On the currency front, the WSJ Dollar Index fell 0.4% to 96.38. The U.S. dollar strengthened 0.3% against the Singapore dollar to S$1.31.

In the bond markets, the 10-year Singaporean government bond yield declined 3 basis points to 2.550%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

April 16, 2025 05:46 ET (09:46 GMT)

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