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Singapore Shares Fall 0.8%, Tracking Soft Regional Markets -- Market Talk

Dow Jones Newswires ·  Nov 26, 2021 09:20

0116 GMT - Singapore's FTSE Straits Times Index falls 0.8% to 3195.60, tracking weakness in regional equity markets. Investor sentiment appears to have been weighed by worries over higher inflation and faster Fed tapering, Phillip Securities Research says. Losses on the STI are led by travel and leisure stocks. Singapore Airlines slips 1.7% and Genting Singapore drops 2.4%. Other top decliners include Jardine Matheson Holdings, which falls 2.5%. CapitaLand Integrated Commercial Trust sheds 1.8% while Keppel DC REIT adds 0.4%. (ronnie.harui@wsj.com)

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