Singapore shares join global rout; STI dives 4.1%

Quick Summary:

Entertainment and media firm MM2 Asia bucked the trend to close higher – up 13.3% or $0.002 to $0.

Decliners beat gainers by a wide margin of 571 to 181 across the broader market, with 1.9 billion securities worth $2.9 billion transacted.

The fall was led by Yangzijiang Shipbuilding’s 8 per cent, or $0.20, plunge to $2.30.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Points Months Cent Steep Media Singapore Lower Index Stocks Straits First

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-05 @ 18:59:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 401 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © The Straits Times

News ID: 21930829

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Main Topics: EconomyBusiness

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