SGX Singapore Opening Market Update

SINGAPORE share prices opened higher on Monday with the Straits Times Index up 20.67 points to 3,321.35.

Volume was 37.0 million shares valued at S$65.2 million.

Gainers outnumbered losers 111 to 39.

SGX Singapore News Update

The benchmark STI sunk to its lowest level in more than a week and retreated the most in Southeast Asia, Friday, dragged 1.1% lower to 3,300.68 on broad-based underperformance among large-cap stocks.

About 1.77 billion shares with a value of $1.4 billion changed hands. Decliners outnumbered gainers 304 to 141.

Hongkong Land and Jardine Matheson were queried by Singapore Exchange for unusual price movements during the day.

Forex Market Update

The euro fell to another 11-year low against the dollar Friday, a day after the Swiss National Bank’s surprise decision to eliminate its exchange-rate cap removed a source of support for the shared currency.

The euro EURUSD, +0.00%  briefly traded under $1.15, its lowest level against the buck since 2003. The euro was last at $1.1567 to the dollar late Friday, down 0.57% on the day and 2.3% on the week.

The euro EURCHF, +0.00% tumbled to 1.0068 to the franc, from a high of 1.0252 franc earlier in the session. The shared currency is down about 21% against the swiss franc for the week — the largest one-week decline since 2006.

The dollar USDCHF, +0.00%  bought 0.8587 Swiss franc, up from 0.8391 Thursday evening. For the week, however, the dollar lost 15.34% relative to the Swiss currency — also the largest weekly decline since 2006.

The ICE U.S. dollar index DXY, +0.54%  a measure of the greenback against a basket of six-rival currencies rose 0.82% to 93.1320 and up 1.3% for the week.