Thursday, 29 December 2016

Singapore shares open lower on Thursday

 Stock Pick

SINGAPORE offers opened lower on Thursday with the Straits Times Index down 18.13 focuses, or 0.63 for each penny, to 2,880.17 at 9.09 am. 

Somewhere in the range of 63.1 million shares worth S$54.6 million changed hands with failures dwarfing gainers 93 to 33. 

Record heavyweight DBS Bank and Singtel drove the decay, shedding S$0.11 and S$0.03 separately to S$17.36 and S$3.65. 

US values slid and the greenback held near its most grounded level in over 10 years while oil dropped from its most astounding close in 17 months, Bloomberg reported. 

The S&P 500 Index fell 0.84 for every penny or 18.96 focuses to 2,249.92 while the Dow Jones Industrial Average dropped 111.36 focuses to 19,833.68.

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