Genting Singapore was the blue-chip index's most traded. The casino operator closed flat at 98.5 Singapore cents with 34.9 million shares changing hands.
DBS Group Holdings closed S$0.15 or 0.5 per cent lower at S$28.25, a day after posting a 9 per cent increase in first-quarter net profit to S$1.65 billion. OCBC Bank dropped two Singapore cents or 0.2 per cent to close at S$12.10 while United Overseas Bank dipped S$0.14 or 0.5 per cent to S$27.83.
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Singapore shares soar 1.5% on Monday on strong macroeconomic dataTHE Singapore market, like many others in the region, got a boost to start the week, thanks to positive sentiment on the global economy following strong US first-quarter economic growth, and data on Saturday showing profits at Chinese industrial firms grew for the first time in four months. Read more at The Business Times.
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Singapore bank lending up 0.6% in March: MAS preliminary dataBANK lending in Singapore inched 0.6 per cent higher in March from a month ago, as continued contraction in consumer loans was offset by a touch of strength in business lending, preliminary data from the Monetary Authority of Singapore (MAS) showed on Tuesday. Read more at The Business Times.
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