Singapore, Malaysia Indexes Face Temporary FTSE Disruption
- Early plunge in DBS shares wasn’t reflected in Singapore index
- Real-time values for key benchmarks now updating: bourses
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Real-time values of Singapore and Malaysia’s market benchmarks were temporarily disrupted on Thursday due to technical glitches at index provider FTSE Russell.
The issue became apparent when Singapore’s benchmark Straits Times Index was largely unchanged in the first hour of trading, despite DBS Group Holdings Ltd. tumbling as much as 3 percent after reporting earnings that missed analysts’ estimates. DBS, Southeast Asia’s largest lender, has the biggest weight in the Singapore index at 16 percent.