Wednesday, August 26, 2015

China easing lost on Singapore market

The Straits Times Index has fallen again on Wednesday, losing another 1.3% to trade at 2,849.26 within the first hour of trade as investors show little interest in an attempt by China's central bank to cut rates.

A negative close overnight in the US also spills into most Asian markets.

Keppel Corp. is down 2.9%, Thai Beverage is down 2.8% and SembCorp Industries is down 2.5%.

Corporate news is again light, with the exception of Croesus Retail Trust, which has announced a 1.2% rise in full-year distribution per unit to 84 cents a share.

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

0 comments:

Post a Comment