Arab Today, arab today singapore stocks end down 028
Last Updated : GMT 13:22:57
Arab Today, arab today
Arab Today, arab today

Singapore stocks end down 0.28%

Arab Today, arab today

Arab Today, arab today Singapore stocks end down 0.28%

Singapore stocks
Singapore - XINHUA

 Singapore shares closed 0.28 percent lower on Wednesday after China's foreign exchange regulator released data showing China's capital outflow re-emerged in July.

Banks in China sold 28.5 billion U.S. dollars of Renminbi last month on behalf of clients, versus net purchases of 9 billion U.S. dollars in June, according to data from the State Administration of Foreign Exchange. Goldman Sach Research said "the return of foreign exchange outflow likely reflected adverse sentiment from the equity market correction." Given the capital flight, Goldman Sach believed China is unlikely to allow further significant depreciation on its currency in the coming months.

Warning that corporate earnings could decline this year, DBS Group Research said "sectors which had performed well could bear the brunt of profit taking, as investors capitalize on their outperformance to raise cash levels."

The benchmark Straits Times Index fell 8.4 points to close at 3, 041.25 points. Trading volume was 1.51 billion shares worth 1.17 billion Singapore dollars. Decliners outnumbered advancers 325 to 137, while 478 stocks closed unchanged.

Midas Holdings closed flat at 27 Singapore cents. It has secured three contracts worth 94.6 million Chinese yuan for the supply of aluminum alloy extrusion profiles for metro trains in China. The contracts are awarded by long-time customers CNR Changchun and Nanjing SR Puzhen Rail Transport. The orders are slated for delivery in 2015 and 2016.

Thakral Corporation rose 7.3 percent to 29.5 Singapore cents. It has tied up with the Puljich family, the developers and owners of retirement resorts in Australia, to develop resort-style retirement villages to tap the rising demand for retirement housing in Australia.

Queensland and northern New South Wales to develop more than 1, 000 retirement homes before expanding into other major cities and regions in Australia.

Among the top gainers, SATS Limited rose 1.9 percent to 3.78 Singapore dollars, while Great Eastern Holdings dropped 1.6 percent to 19.81 Singapore dollars. (1 U.S. dollar equals to 6.399 Chinese yuan and 1.40 Singapore dollars)

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today singapore stocks end down 028 Arab Today, arab today singapore stocks end down 028

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today singapore stocks end down 028 Arab Today, arab today singapore stocks end down 028

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday