Golden Agri weighs on Singapore shares, Rex International soars on debut
REUTERS - Singapore shares slightly fell on Wednesday, with Golden Agri-Resources among the biggest decliners on concerns about a weaker crude palm oil outlook.
The Straits Times Index was down 0.2 per cent at 3,239.29, largely in line with the MSCI Asia-Pacific ex-Japan index.
Golden Agri shares dropped as much as 4.6 per cent to $0.52, their lowest since May 6.
More than 141 million shares were traded, 3.4 times the average full-day volume over the past 30 days. The company will report its second-quarter results on Friday.