This article was automatically generated by Dow Jones using technology from Automated Insights.
Stocks in Singapore gained Wednesday, as the FTSE Straits Times Index increased 1.0% to 3662.45, the third consecutive session of increases.
Among local companies with a market cap of at least 1 billion Singapore dollars ($761.0 million), Singapore Techs Engineerg was the biggest leader during the session, adding 3.8%, and Singapore Telecom gained 3.4%. Keppel DC REIT rounded out the top three movers, as shares gained 3.0%.
Thomson Medical Group was the biggest laggard, dropping 2.4%, followed by shares of Lendlease Gl Cmcl REIT, which fell 2.0%. Shares of Olam Group declined 1.6%.
On the currency front, the WSJ Dollar Index fell 0.4% to 96.38. The U.S. dollar strengthened 0.3% against the Singapore dollar to S$1.31.
In the bond markets, the 10-year Singaporean government bond yield declined 3 basis points to 2.550%.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
April 16, 2025 05:46 ET (09:46 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.