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Singapore stocks declined at the start of Wednesday trading—STI dropped by 0.5% Singapore News

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Singapore stocks declined at the start of Wednesday trading, Sept 18, despite a positive trend in global equities overnight. The Straits Times Index dropped by 0.5%, or 17.29 points, to 3,576.

13 by 9:01 am, as reported by The Business Times.

Trans-China Automotive had the highest trading volume, with its shares jumping 10.2%, rising by S$0.007 to S$0.076 after six million shares changed hands. CapitaLand Integrated Commercial Trust also saw significant trading, though its shares fell by 0.9%, or S$0.02, to S$2.14.The banking sector also experienced a downturn in early trade. DBS Bank dropped by 0.8%, or S$0.32, to S$37.68. OCBC Bank followed suit, slipping by 0.3%, or S$0.04, to S$15.24. UOB also saw a decline, losing 0.5%, or S$0.

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