Singapore Stock Exchange

Singapore Stock Exchange: Singapore (SGX) Japan’s main Nikkei 225 index fell 0.9%, as South Korea, Singapore, Australia and Taiwan all dropped. Oil prices extended recent sharp losses, trading below $85 a barrel on expectations that slowing global economic growth will crimp demand for crude.

The Shanghai Composite index in China was down 1.7% at 2638. South Korean shares hit their lowest levels since March, with the benchmark KOSPI index losing 3.6 per cent to close at 1,943.75. In Singapore, the Straits Times Index (STI) was down 3.7 percent, or 114 points, at 2,993.01 at 0500 GMT. The index had lost 7.1 per cent in the three sessions from Tuesday to Thursday, one of the steepest falls among major Asian markets.

The Japanese currency plunged nearly a full yen against the dollar at one point on Friday. The market of Australia was 4% lower at the close, wiping almost $A60 billion from the value of Australian stocks on August 5.
Tags: sgx, sgx singapore, japan stock exchange, singapore nifty, straits times index, sti, straits times index, hang seng index, hangseng index, kospi index ,


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