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Singapore stocks lower at close of trade; Singapore Straits Time down 1.52%

Published 07/31/2015, 06:15 AM
© Reuters.  Singapore stocks lower at close of trade; Singapore Straits Time down 1.52%
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Investing.com – Singapore stocks were lower after the close on Friday, as losses in the Basic Materials, Oil & Gas and Technology sectors led shares lower.

At the close in Singapore, the Singapore Straits Time lost 1.52% to hit a new 6-months low.

The best performers of the session on the Singapore Straits Time were Thai Beverage Public Co Ltd (SIN:TBEV), which rose 2.72% or 0.020 points to trade at 0.755 at the close. Meanwhile, Olam International Limited (SIN:OLAM) added 1.38% or 0.025 points to end at 1.840 and Hongkong Land Holdings Limited (SIN:HKLD) was up 0.79% or 0.06 points to 7.70 in late trade.

The worst performers of the session were Noble Group Limited (SIN:NOBG), which fell 12.50% or 0.065 points to trade at 0.455 at the close. Keppel Corporation Limited (SIN:KPLM) declined 3.85% or 0.30 points to end at 7.50 and Sembcorp Industries Ltd (SIN:SCIL) was down 3.51% or 0.13 points to 3.57.

Falling stocks outnumbered advancing ones on the Singapore Stock Exchange by 345 to 115 and 28 ended unchanged.

Shares in Noble Group Limited (SIN:NOBG) fell to 5-year lows; down 12.50% or 0.065 to 0.455. Shares in Keppel Corporation Limited (SIN:KPLM) fell to 3-years lows; falling 3.85% or 0.30 to 7.50. Shares in Sembcorp Industries Ltd (SIN:SCIL) fell to 3-years lows; losing 3.51% or 0.13 to 3.57.

Crude oil for September delivery was down 2.02% or 0.98 to $47.54 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 1.22% or 0.65 to hit $52.66 a barrel, while the December Gold contract fell 0.72% or 7.80 to trade at $1080.90 a troy ounce.

USD/SGD was down 0.04% to 1.3749, while EUR/SGD rose 0.41% to 1.5095.

The US Dollar Index was down 0.24% at 97.38.

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