Singapore stocks skid as bank results loom; Jakarta rebounds

Signage for the SGX Centre, which houses the Singapore Exchange Ltd. (SGX) headquarters, stands in Singapore, on Friday, April 27, 2018. — Photographer: Paul Miller/Bloomberg

Singapore stocks fell more than 1.5% on Monday ahead of major bank earnings, while softer inflation data lifted Jakarta shares.

The Straits Times Index slid as much as 2% to its lowest since early July, dragged down by banks ahead of DBS and OCBC results. The index is now nearly 10% below its early-September record high.

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2018年4月27日星期五，新加坡交易所中心（新加坡交易所有限公司（SGX）总部所在地）的标识牌矗立在新加坡。——摄影：Paul Miller/彭博社

周一，新加坡股市下跌超过1.5%，此前有多家银行公布财报；而疲软的通胀数据提振了雅加达股市。

受星展银行和华侨银行业绩公布前银行股拖累，海峡时报指数一度下跌2%，创下7月初以来的最低水平。该指数目前比9月初的历史高点低近10%。

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