Singapore's main index extended its losses at midday, along with other Asian bourses, after manufacturing data from China showed little signs of a quick turnaround.
Commodity trader Olam International was one of the biggest losers on the Straits Times Index, falling as much as 2.4 percent to an intraday low of S$2.02, while property developer City Developments Ltd lost 1.9 percent to S$11.47.
The STI fell 0.5 percent to 3,060.17 points, while the MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.9 percent.
Med Cap and Micro Cap Push ADX Index Higher
The ADX General Index earlier jumped up into the green territory; wavering in the same region it closed higher to 3,564.2 points on Sunday 19th May 2013, up 50.03 points or 1.42 percent from its prev
China may face “large scale” inflows of speculative funds in the next few year
Asian Stocks Extend Advance as Yen Strengthens, Silver Tumbles
Asian stocks climbed, extending a two-week rally after stronger-than-expected U.S. data. The yen rebounded from the lowest since October 2008 as silver slumped to the cheapest in more than two years,
Bond market gets excited as inflation cools off further
While the equity market has seen some renewed excitement in the past couple of weeks, with the Sensex and the Nifty getting closer to all-time highs again, the bond market too has had its fair share