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SGX Singapore Stock Market News

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Publish date: Thu, 29 Mar 2012, 01:27 PM
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Market News
Asian stock markets fell Wednesday after a weaker U.S. consumer confidence reading shook hopes for a healthy rebound in the world's No. 1 economy.

Benchmark oil fell below $106 per barrel while the dollar rose against the euro but fell against the yen.

Losses in Asia followed Wall Street, where stocks pulled back after the Conference Board said its index of U.S. consumer confidence slipped in March. The mood was further dampened when the Federal Reserve Bank of Richmond, Virginia reported that a measure of regional manufacturing plunged this month.

SGX Stock Market Live
SINGAPORE - Singapore shares were 0.46 per cent lower at noon on Thursday as the Straits Times Index shed 13.77 points to 3,002.21.

A total of 648 million shares worth S$393.8 million changed hands in the morning session. There were 78 rises versus 181 falls in the broad market.

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