SGX : Singapore shares open lower on Thursday

Singapore Exchange :

  • Singapore shares open 1% lower on Thursday
  • SINGAPORE stocks opened one per cent lower on Thursday, with the Straits Times Index dropping 26.16 points to 2,555.94 as at 9am.
  • The blue-chip index was dragged down further after US Federal Reserve chair Janet Yellen told Congress she does not expect the central bank to reverse course on its interest rate-hike plans but signalled that there were risks of delays.
  • About 25 million shares worth S$49.5 million changed hands, which worked out to an average price of S$1.98 per share.

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