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Singapore stocks: STI resumes Wednesday afternoon at 3,357.08, down 0.09% on day

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SINGAPORE shares entered the afternoon session in slightly negative territory on Wednesday, with the Straits Times Index down 0.09 per cent or 2.95 points to 3,357.08 as at 1.01pm. Read more at The Business Times.

SINGAPORE shares entered the afternoon session in slightly negative territory on Wednesday, with the Straits Times Index down 0.09 per cent or 2.95 points to 3,357.08 as at 1.01pm.

Decliners outnumbers advancers 153 to 146, after about 532.8 million securities worth S$449.5 million changed hands. Among the most heavily traded by volume, e-waste management firm Sen Yue surged 21.2 per cent or 0.7 Singapore cent to S$0.04, with 23.6 million shares traded as at 1.01pm. Yangzijiang Shipbuilding rose 1.3 per cent or two cents to S$1.50, with 17.6 million shares changing hands, while watch-listed SunMoon Food Company gained 3.3 per cent or 0.2 cent to 6.2 cents.

Banking stocks were in positive territory by the afternoon trade. DBS was up 0.4 per cent or 11 cents to S$26.10, UOB rose 0.2 per cent or five cents to S$26.65, and OCBC Bank increased by 0.1 per cent or one cent to S$11.51.Other active index securities included Singtel, which was flat at S$3.52 on a cum-dividend basis, and Ascendas Reit, which slipped 0.7 per cent or two cents to S$3.06.

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