Thursday, August 11, 2016

Singaporesharesopen lower on Thursday



SINGAPOREshareprices opened 0.59 per cent lower on Thursday with the Straits Times Index down 17.1 points to 2,858.47 at 9.04am.
This followed US markets, which analysts say were hit by profit-taking after US stocks reached new records over the last three sessions.
The

DowJonesIndustrial Average lost 0.2 per cent to 18,495.66. The broad-based S&P 500 fell 0.3 per cent to 2,175.49, while the tech-rich Nasdaq Composite Index shed 0.4 per cent to 5,204.58.
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