Singapore shares fell 1.6% by midday on Thursday, dragged by a plunge in property stocks, such as CapitaLand (CATL.SI), after the city-state’s government announced new steps to cool property prices.
At 1:00 p.m., the Straits Times Index (STI) <.FTSTI> was down 1.63%, or 45.40 points, at 2,737.15. Around 390 million shares worth $488.7 million were traded, compared with 484.4 million shares worth $366.8 million that changed hands by the same time on Wednesday.
No comments:
Post a Comment