Singaporean Stocks Fall 1.16%, AWX Drops 4.96%, UGS and E28 Fall Over 3%

Dow Jones
Aug 18

Stocks in Singapore fell Tuesday, as the FTSE Straits Times Index declined 1.16% to 5701.40.

Among local companies with a market cap of at least 1 billion Singapore dollars ($782.6 million), AEM SGD was the biggest laggard, dropping 4.96%, followed by shares of ULTRAGREEN AI SGD, which fell 3.77%. Shares of Frencken fell 3.26%.

China Aviation Oil was the biggest leader during the session, rising 3.8%, and Hutchison Port Hldgs Tr increased 2.7%. Pan-United rounded out the top three movers, as shares rose 2.5%.

On the currency front, the WSJ Dollar Index was flat at 96.01. The U.S. dollar held steady against the Singapore dollar at S$1.28.

In the bond markets, the 10-year Singaporean government bond yield increased 6 basis points to 2.360%.

Data source: Dow Jones Market Data, FactSet

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