Singapore: Singapore shares fall sharply after US market plunged down by -2.91%.The Straits Times Index heading down 1.43 percent or 43.65 focuses to 3,007.41 as at 9.01am after the Christmas eve on Wall Street.
Looser outnumbered Gainers 112 to 18 or around six securities down for everybody up, after 31.4 million securities worth $53.6 million changed hands.
Among the most exchanged by volume, Ezion Holdings moved down 2.3 percent or $0.001 to $0.042 with 7.0 million offers exchanged. SingTel fell 2.0 percent or $0.06 to $2.88 with 3.7 million offers exchanged.
Top Gainer Stock
Top Loser Stock
Keppel Corp: Keppel Corporation subsidiary Keppel Offshore & Marine has achieved marine contracts with a combined value of $300 million, projects range from the design and construction of vessel, Floating Production Storage and Offloading vessel (FPSO), to 65 scrubber retrofit projects.
Aspen (Group) Holdings: Aspen seeking investor’s approval for an offer buyback property engineer reported on Monday after the market shut. Repurchasing its own share will dilute its impact of incentive based schemes.
Pacific Star Development: The property developer announced late Monday that it is buying out its joint venture partner in the Puteri Cove Residences project.
Forex Signal: USD/SGD pair trades at 1.3712 against previous close 1.3731 down 0.13%
Daily Range: 1.3709-1.3735
U.S. stock faced its worst closing on Monday on the eve of Christmas in history in a vacation abbreviated session, putting the S&P 500 on the precarious edge of the 20% fall.
The major index saw downfall, ending the session at their worst levels of the day.
The Dow plummeted fall 653.17 points or 2.9 percent to 21,792.20, the Nasdaq tumbled 140.08 points or 2.2 percent to 6,192.92 and the S&P 500 plunged 65.52 points or 2.7 percent to 2,351.10.
Gold Price: Gold spot trading at $1272 in morning trade near high. Tracking cues from global market lift safe heaven demand.
Gold Trading Range: $1262-$1275