STI DOWN TO 0.23%:
It's likely to
continue losing today, analyst said.
SGX said that the
Straits Times Index (STI) ended 7.13 points or 0.23% lower to 3158.57, taking
the year-to-date performance to +9.64%.
The top active
stocks were DBS, which declined 0.05%, Singtel, which declined 1.50%, UOB,
which declined 0.27%, CapitaLand, which gained 0.27% and OCBC Bank, with a
0.10% fall. The FTSE ST Mid Cap Index declined 0.12%, while the FTSE ST Small
Cap Index rose 0.11%.
According to OCBC,
the sharp retreat on Wall Street overnight could weigh on local sentiment,
potentially extending STI’s 2-days losing streaks.
SINGAPORE SHARES DOWN TO 1%
SINGAPORE stocks
opened one per cent lower on Wednesday, with the Straits Times Index dropping
30.31 points to 3,128.26 as at 9am.
The blue-chip index
was dented by US stocks falling overnight on doubts that the new administration
can execute US President Donald Trump's pro-growth plans.
About 80.5 million
shares worth S$74.7 million in total changed hands, which worked out to an
average unit price of S$0.93 per share.
The most actively
traded counter was Noble, which fell S$0.004 to S$0.187 with 7.7 million shares
changing hands. Other actives included QT Vascular and Artivision Tech.
Losers outnumbered
gainers 159 to 25, or about six down for every one up.
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