Singaporean Stocks Climb 1.6%. PanUnited Soars Nearly 9%; UOB Kay Hian Adds 6.8%; OCBC Bank, UOB Gain Around 3%; DBS Jumps over 2%

Dow Jones
Jul 07

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

Stocks in Singapore gained Tuesday, as the FTSE Straits Times Index gained 1.6% to 5342.24.

Among local companies with a market cap of at least 1 billion Singapore dollars ($774.1 million), UOB-Kay Hian Holdings was the biggest leader during the session, jumping 6.8%, and Oversea-Chinese Banking jumped 3.3%. United Overseas Bank rounded out the top three movers, as shares increased 2.9%.

Ultragreen.AI was the biggest laggard, falling 4.6%, followed by shares of AEM Holdings, which fell 3.7%. Shares of UMS Integration dropped 3.4%.

On the currency front, the WSJ Dollar Index held steady at 97.28. The U.S. dollar weakened 0.1% against the Singapore dollar to S$1.29.

In the bond markets, the 10-year Singaporean government bond yield increased 0.5 basis point to 2.145%.

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