Singaporean Stocks Climb For Second Session

Dow Jones
28 May

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Singapore rose Wednesday, as the FTSE Straits Times Index increased 0.4% to 3911.92, the second consecutive session of increases.

Among local companies with a market cap of at least 1 billion Singapore dollars ($776.4 million), SIA Engineering was the biggest leader during the session, increasing 4.6%, and Centurion Corp increased 3.6%. AIMS APAC REIT rounded out the top three movers, as shares increased 2.4%.

ComfortDelGro was the biggest laggard, dropping 2.1%, followed by shares of Olam Group, which declined 1.7%. Shares of Sheng Siong Group dropped 1.6%.

On the currency front, the WSJ Dollar Index dropped 0.1% to 95.80. The U.S. dollar strengthened 0.1% against the Singapore dollar to S$1.29.

In the bond markets, the 10-year Singaporean government bond yield rose 3 basis points to 2.445%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 28, 2025 05:46 ET (09:46 GMT)

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