Singapore Shares Edge 0.2% Lower, Tracking Wall Street's Losses -- Market Talk

Dow Jones
17 Jan

0110 GMT - Singapore's FTSE Straits Times Index edges 0.2% lower to 3794.17, tracking Wall Street's losses overnight. Market participants are likely to focus on a slew of China economic data due out today, UOB's Global Economics & Markets Research team says in a note. China's 4Q GDP growth is likely to have improved to 5% on-year from 4.6% previously, the team adds. Among the worst performers on the benchmark index, Wilmar International falls 1.0%, Singapore Technologies Engineering sheds 0.8%, and index heavyweight DBS is down 0.5%. Meanwhile, Genting Singapore rises 1.35% and Thai Beverage adds 0.9%. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

January 16, 2025 20:10 ET (01:10 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10