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Singapore stocks took a dip on Tuesday—STI slipped by 0.3%

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Straits Times Index (STI) slipped 0.3% to 3,175.63 as of 9:01 am, with more stocks on the losing side than gaining

Singapore stocks fell on Tuesday, following a global trend of losses sparked by concerns about geopolitical tensions in the Middle East.

63 were on the red compared to 35 on the green, as 39.3 million securities, valued at S$57.1 million, changed hands. Yangzijiang Shipbuilding also saw brisk trading, climbing 0.6% to S$1.79 after 3.2 million shares swapped hands. Meanwhile, Seatrium rose 1.3% to S$0.079 with the exchange of 3.2 million shares.

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