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S'pore shares dip, with Jardine Matheson leading losses
The Straits Times
|October 16, 2024
● STI down 0.01%; Jardine Matheson loses 2.4% ● Losers outnumber gainers 350 to 235 in broader market ● Chinese stocks fall; other Asian indexes largely positive
Stocks in Singapore fell minimally on Oct 15 ahead of earnings results, led by Jardine Matheson and its subsidiary DFI Retail Group, while Chinese stocks fell sharply amid fading optimism on fiscal stimulus.
The benchmark Straits Times Index (STI) fell 0.01 per cent or 0.44 point to 3,595.47. Across the broader market, losers outnumbered gainers 350 to 235, after 1.7 billion securities worth $1.3 billion changed hands.
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