Singapore listed companies shed $83 billion of value in a volatile August, and were valued at a total of $854 billion as at Aug 31, 2015, statistics compiled by local media show.
Market capitalisation was down 8.8% m-on-m. August marked a fourth straight month of declines.
While the largest stocks were down 8 to 10%, the smallest tenth of listed companies here saw their market capitalisation fall by 26%.
Blue chips such as DBS, Singtel, UOB and OCBC suffered the biggest falls in value in absolute terms of around $5-7 billion each.
The biggest percentage losers included a number of oil and gas related stocks like Beng Kuang Marine and Otto Marine, as well as stocks hit by individual issues like China Fishery Group.
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Market capitalisation was down 8.8% m-on-m. August marked a fourth straight month of declines.
While the largest stocks were down 8 to 10%, the smallest tenth of listed companies here saw their market capitalisation fall by 26%.
Blue chips such as DBS, Singtel, UOB and OCBC suffered the biggest falls in value in absolute terms of around $5-7 billion each.
The biggest percentage losers included a number of oil and gas related stocks like Beng Kuang Marine and Otto Marine, as well as stocks hit by individual issues like China Fishery Group.
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
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