Singapore markets opened marginally higher, but underlying sentiment remains cautious as Middle East tensions threaten economic growth and inflation stability . Market Holds Steady Despite Rising Risks The FTSE Singapore Straits Times Index edged up 0.05% to 4,899.83 , reflecting a balanced market tone : Advancers: 57 | Decliners: 47 Trading activity remained relatively muted This suggests investors are waiting for clearer macro signals amid global uncertainty. Global Headwinds: Oil and Tech Weigh on US Markets On Wall Street, markets were mixed: Nasdaq Composite Index fell 0.7% S&P 500 Index declined 0.4% Dow Jones Industrial Average rose 0.1% Losses in technology stocks and rising oil prices offset relatively dovish comments from Jerome Powell , who signalled no immediate need for rate hikes. Singapore Growth Outlook Faces Downside Risks RHB flagged rising downside risks to ...
The FBM KLCI index lost 2.91 points or 0.18% on Monday. The Finance Index fell 0.25% to 14058.26 points, the Properties Index dropped 0.45% to 1198 points and the Plantation Index down 0.40% to 7482.82 points. The market traded within a range of 14.51 points between an intra-day high of 1658.80 and a low of 1644.29 during the session.
This is the fourth consecutive day of decline for the index, in line with the weaker sentiments shadowing global market as investors turn cautious after the terror attack that hit Paris over the weekend.
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| FBM KLCI index fall consecutively for the forth day to close at 1,656.000 |
Across the board, 1.92 billion shares worth RM1.7 billion were exchanged. Decliners beat gainers at 597 against 347, while 308 counters remained unchanged.
The most actively traded stock was Instacom Group Bhd's warrant, INSTACO-WB, followed by the mother share and Hibiscus Petroleum Bhd.
Hang Seng index's warrant HSI-HG led the gainers while the decliners were led by DanaInfra Nasional Bhd, United Plantations Bhd and Panasonic Manufacturing Malaysia Bhd.
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