Current Market Update


Tokyo (Nikkei Average NIK, -0.40% ) down 0.3% 
Hong Kong (Hang Seng Index HSI, -1.18% ) down 1.2% 
Shanghai (Shanghai Composite Index SHCOMP, -1.15% ) down 1.2% (at break)
Sydney (S&P/ASX 200 XJO, +0.28% ) up 0.2% 
Seoul (Kospi SEU, -0.21% ) down 0.3% \
Mumbai (Sensex 1, -0.37% ) down 0.1% 
Taipei (Taiex Y9999, -0.81% ) down 1.1%

Asian Market Update

Asian stock markets fell across the board on Thursday largely on the back of declines in the US triggered by concerns over a strengthening dollar and falling oil prices.

The Federal Reserve, meanwhile, failed to buoy markets when it repeated its pledge to remain "patient" regarding the US's first interest rate increase since 2006, signalling a June move remains in play.

Tokyo shares dropped 0.54 per cent, Hong Kong fell 0.60 per cent, and Shanghai lost 1.00 per cent. Seoul declined 0.31 per cent, but Sydney was largely flat.

SGX Singapore Opening Market Update

SINGAPORE share prices opened lower on Thursday with the Straits Times Index down 15.50 points to 3,403.65.

Volume was 65.6 million shares worth S$105.1 million.

Losers outnumbered gainers 93 to 53.