Singapore stocks slipped on Tuesday—STI dropped by 0.1%

Singapore stocks slipped on Tuesday, July 16, influenced by the mixed performance from the US and European markets.

In the broader market, there were more losers than gainers, with 53 stocks declining and 44 making gains after 34.8 million securities were traded, amounting to a total value of S$65 million. Other heavily traded stocks included Singtel and Marco Polo Marine. Singtel saw a 1% drop or S$0.03 decrease to S$2.98, with 2.9 million shares traded.Banking stocks declined in early trade. DBS Group Holdings fell by 0.3% or S$0.13 to S$37.77.

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