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Singapore stocks open lower on Thursday—STI falls by 0.3% Singapore News

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The Straits Times Index fell by 0.3%, or 9.6 points, reaching 3,573.67, by 9.01 am, The Business Times reports.

In the broader market, there were more gainers than losers, with 63 stocks rising compared to 29 that fell, after 36.1 million shares were traded for a total value of S$81.5 million.

Banking stocks were down in early trading. UOB fell 0.1%, or S$0.02, to S$32.50. DBS Group dropped 0.8%, or S$0.32, to S$38.05, while OCBC Bank decreased by 0.7%, or S$0.11, to S$15.16. European stock exchanges ended the day slightly lower as energy shares followed the decline in crude oil prices. The pan-European Stoxx 600 index fell 0.1%, closing at 519.14, following two sessions of gains.Sri Lanka’s new leftist President wants to dissolve parliament, renegotiate with IMF‘No regrets’: Naomi Osaka hired the ex-coach of Serena Williams

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