SGX Singapore Opening Market Update : Epic Research Singapore

SINGAPORE share prices opened 0.19 per cent lower on Thursday, with the Straits Times Index (STI) down 5.3 points to 2,727.57 at 9.11 am.

This followed similar declines in the US and in Tokyo.

On Wall Street, US stocks dropped on Wednesday and the Dow Jones industrial average suffered its worst day since February as feeble quarterly reports from Walt Disney, Macy's and Fossil undermined confidence across the consumer sector.

The Dow slumped 1.21 per cent to 17,711.12 points. The S&P 500 lost 0.96 per cent to 2,064.46. The Nasdaq Composite dropped 1.02 per cent to 4,760.69.

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