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Singapore shares lower at close of trade; Singapore Straits Time down 0.98%

Published 30/07/2015, 11:15
© Reuters.  Singapore shares lower at close of trade; Singapore Straits Time down 0.98%

Investing.com – Singapore equities were lower at the close on Thursday, as losses in the Telecoms, Technology and Consumer Services sectors propelled shares lower.

At the close in Singapore, the Singapore Straits Time lost 0.98% to hit a new 6-month low.

The biggest gainers of the session on the Singapore Straits Time were Olam International Limited (SIN:OLAM), which rose 1.40% or 0.025 points to trade at 1.815 at the close. Wilmar International Limited (SIN:WLIL) added 1.25% or 0.04 points to end at 3.23 and Singapore Press Hldgs Ltd (SIN:SPRM) was up 0.24% or 0.01 points to 4.22 in late trade.

Biggest losers included Noble Group Limited (SIN:NOBG), which lost 11.86% or 0.070 points to trade at 0.520 in late trade. Singapore Airlines Ltd (SIN:SIAL) declined 4.73% or 0.54 points to end at 10.88 and Singtel (SIN:STEL) shed 3.75% or 0.16 points to 4.11.

Declining stocks outnumbered rising ones by 266 to 165 and 44 ended unchanged on the Singapore Stock Exchange.

In commodities trading, Crude oil for September delivery was up 0.88% or 0.43 to $49.22 a barrel. Meanwhile, Brent oil for delivery in September rose 1.58% or 0.84 to hit $54.23 a barrel, while the December Gold contract fell 0.74% or 8.10 to trade at $1085.20 a troy ounce.

USD/SGD was up 0.37% to 1.3739, while EUR/SGD rose 0.32% to 1.5085.

The US Dollar Index was up 0.13% at 97.35.

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