Singapore Shares Track Wall Street Losses to End Lower; Singtel Slides 4% Despite Ruling Out Optus Stake Sale
Singapore Shares Track Wall Street Losses to End Lower; Singtel Slides 4% Despite Ruling Out Optus Stake Sale
Singapore's Strait Times Index fell into the negative territory on Wednesday's close following overnight losses on Wall Street.
During the day, the benchmark Singapore Strait Times Index ranged between 3,209.43 and 3,233.91, ending 0.77% or 25.06 points lower at 3,222.66.
In economic news, business activity in Singapore's private sector slowed month on month in March, but the expansion rate remained strong, thanks to a faster growth in new orders, an S&P Global report said.
Meanwhile, Singapore's mergers and acquisitions (M&A) transactions fell 5.5% year over year to $15.7 billion in the first quarter of 2024, according to data from the London Stock Exchange Group (LSEG).
In corporate news, shares of Singtel (SGX:Z74) fell over 4% on Wednesday's close, even as the telecom servicer provider clarified that there are currently no definitive announcements regarding a reported sale of its subsidiary Optus.
Shares of Seatrium (SGX:S51) were up 1% after the company secured a series of contracts worth SG$350 million.
Singapore's Strait Times Index fell into the negative territory on Wednesday's close following overnight losses on Wall Street.
繼華爾街隔夜下跌之後，新加坡海峽時報指數在週三收盤時跌至負值區間。
During the day, the benchmark Singapore Strait Times Index ranged between 3,209.43 and 3,233.91, ending 0.77% or 25.06 points lower at 3,222.66.
當天，基準新加坡海峽時報指數在3,209.43至3,233.91之間，收盤下跌0.77％或25.06點，至3,222.66點。
In economic news, business activity in Singapore's private sector slowed month on month in March, but the expansion rate remained strong, thanks to a faster growth in new orders, an S&P Global report said.
標普全球報告稱，在經濟新聞方面，新加坡私營部門的商業活動在3月份逐月放緩，但由於新訂單增長加快，擴張率仍然強勁。
Meanwhile, Singapore's mergers and acquisitions (M&A) transactions fell 5.5% year over year to $15.7 billion in the first quarter of 2024, according to data from the London Stock Exchange Group (LSEG).
同時，根據倫敦證券交易所集團（LSEG）的數據，新加坡的併購（M&A）交易同比下降5.5％，至2024年第一季度的157億美元。
In corporate news, shares of Singtel (SGX:Z74) fell over 4% on Wednesday's close, even as the telecom servicer provider clarified that there are currently no definitive announcements regarding a reported sale of its subsidiary Optus.
在企業新聞方面，新加坡電信（SGX: Z74）的股價在週三收盤時下跌了4％以上，儘管這家電信服務提供商澄清說，目前沒有關於出售其子公司Optus的明確公告。
Shares of Seatrium (SGX:S51) were up 1% after the company secured a series of contracts worth SG$350 million.
Seatrium（新加坡證券交易所股票代碼：S51）的股價上漲了1％，此前該公司獲得了一系列價值3.5億新加坡元的合同。
譯文內容由第三人軟體翻譯。
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