Asian Market Update

Asian shares were mixed on Monday after data last week showed a better-than-expected jump in US jobs creation, while Japan said its economy contracted more than initially thought in the third quarter.

The dollar continued its march upwards against the yen after Friday's employment figures increased expectations that the Federal Reserve will hike interest rates in the near future.

Tokyo was up 0.10 per cent, Hong Kong added 0.26 per cent, Sydney gained 1.08 percent and Seoul lost 0.12 per cent while Shanghai fell 0.10 per cent.

The US Labor Department said Friday the world's biggest economy added 321,000 jobs in November - 90,000 more than expected and the best performance in almost three years - with new positions across the board.

SGX Singapore Opening Market Update

SINGAPORE shares opened flat on Monday with the Straits Times Index losing 2.60 points to 3,321.79.

Volume was 50.7 million shares worth S$109.7 million.

Losers beat gainers 65 to 64.

SGX Singapore Closing Market Update


SINGAPORE shares end higher on Friday.

The Straits Times Index gained 19.57 points to 3,324.39.

Some 1.98 billion shares, valued at S$1.12 billion were traded. 

Gainers numbered 201 while losers numbered 202.