Singapore: Singapore stocks dragged lower with the Straits Times Index down 0.94 percent, or – 29 points after the New Year break.
Singapore GDP data shows economy slows to 2.2% growth in Q4 below expectation.
Advance to Decline ratio stood at 145/174, after 24.7 million securities worth $24.7 million changed hands.
Among the most exchanged by volume, Rex International headed up 1.8 percent or $0.001 to $0.056 with 3.1 million offers exchanged.
Yangzijiang Shipbuilding rose 1.6 percent or $0.02 to $1.27 with three million offers exchanged.
Active stocks included Singtel, down 0.3 per cent or $0.01 to $2.92; OCBC Bank, up 0.1 per cent or $0.01 to $11.27; and DBS, up 0.6 per cent or $0.15 to $23.84.
Top Gainer Stock
Top Loser Stock
Raffles Medical Group: Raffles Medical Group opened another 700-bed healing center in Chongqing, making it the gathering’s first worldwide clinic in the nation. The Chongqing clinic, which is claimed and worked by the gathering, has a gross floor region of more than 100,000 sq m.
Artivision Technologies: The video arrangements supplier is going to extend the date of its acquisition of Mobile Credit Payment Pte Ltd (MC Payment).
OUE Lippo Healthcare: Company has made contracts to manage three hospitals in Shanghai, Chongqing and Nanjing. Shanghai Changhang Hospital
Forex: USD/SGD pair trades at 1.3661 against previous close 1.3633 down 0.04%
Daily Range: 1.3623-1.3666
Stocks trade in volatile session on Monday before ending year. The major averages all closed in positive territory.
The Dow jumped 265.06 points or 1.2 percent to 23,327.46, the Nasdaq up 50.76 points or 0.8 percent to 6,635.28.
Buying interest was also generated after comments from President Donald Trump expressing optimism about a U.S.-China trade deal. No any U.S. economic data also kept market participants on the sidelines.
Gold Price: Gold trade with positive note after holidays. Gold trade in range of $1279-$1283 in early trade
Gold Trading Range: $1277-$1285