Singapore stocks lower at close of trade; Singapore Straits Time down 0.98% By Investing.com

Singapore stocks lower at close of trade; Singapore Straits Time down 0.98%

Stock Markets Jul 30, 2015 06:15AM ET

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Singapore stocks lower at close of trade; Singapore Straits Time down 0.98%

Investing.com – Singapore stocks were lower after the close on Thursday, as losses in the Telecoms, Technology and Consumer Services sectors led shares lower.

At the close in Singapore, the Singapore Straits Time lost 0.98% to hit a new 6-months low.

The best performers of the session on the Singapore Straits Time were Olam International Limited (SIN:OLAM), which rose 1.40% or 0.025 points to trade at 1.815 at the close. Meanwhile, Wilmar International Limited (SIN:WLIL) added 1.25% or 0.04 points to end at 3.23 and Singapore Press Hldgs Ltd (SIN:SPRM) was up 0.24% or 0.01 points to 4.22 in late trade.

The worst performers of the session were Noble Group Limited (SIN:NOBG), which fell 11.86% or 0.070 points to trade at 0.520 at the close. Singapore Airlines Ltd (SIN:SIAL) declined 4.73% or 0.54 points to end at 10.88 and Singtel (SIN:STEL) was down 3.75% or 0.16 points to 4.11.

Falling stocks outnumbered advancing ones on the Singapore Stock Exchange by 266 to 165 and 44 ended unchanged.

Shares in Noble Group Limited (SIN:NOBG) fell to 5-year lows; losing 11.86% or 0.070 to 0.520.

Crude oil for September delivery was up 0.90% or 0.44 to $49.23 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 1.61% or 0.86 to hit $54.24 a barrel, while the December Gold contract fell 0.74% or 8.10 to trade at $1085.20 a troy ounce.

USD/SGD was up 0.38% to 1.3740, while EUR/SGD rose 0.28% to 1.5079.

The US Dollar Index was up 0.14% at 97.36.

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