Singapore stocks dip on Monday, STI down 0.1% at 2,840.14

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LOCAL shares ended the first day of the week on a slightly dour note, even as other Asian markets rose on the back of US President Donald Trump signing the Covid-19 pandemic relief and spending bill. Read more at The Business Times.

Among the 30 constituent stocks, Yangzijiang Shipbuilding was the biggest advancer. The counter gained 2.7 per cent or 2.5 Singapore cents to close at 94.5 Singapore cents on Monday. With 44.9 million shares traded over the course of the day, it was also the most heavily traded STI stock.

On the other end of the spectrum, Hongkong Land was the biggest constituent decliner. The counter shed 0.72 per cent or US$0.03 to close at US$4.16. The biggest decliner on the broader market was Jardine Matheson Holdings, which lost 0.3 per cent or US$0.17 to US$55.35. The trio of glove makers were among the decliners. Top Glove fell 3.7 per cent or S$0.08 to S$2.07 on an ex-dividend basis; Riverstone Holdings lost 5.1 per cent or S$0.06 to S$1.11, while UG Healthcare shed 4 per cent or 2.5 Singapore cents to finish the day at 59.5 cents.

The trio of lenders ended the day mixed. DBS fell 0.2 per cent or S$0.04 to S$25.13, while UOB lost 0.1 per cent or S$0.03 to S$22.68. OCBC, however, inched up 0.1 per cent or S$0.01 to S$10.07.For daily updates on weekdays and specially selected content for the weekend. Subscribe to

 

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