Singapore stocks inch lower at Tuesday's open; STI down 0.1%

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SINGAPORE shares nudged slightly lower on Tuesday, with the Straits Times Index slipping 3.2 points or 0.1 per cent to 2,594.65 as at 9.02am. Read more at The Business Times.

SINGAPORE shares nudged slightly lower on Tuesday, with the Straits Times Index slipping 3.2 points or 0.1 per cent to 2,594.65 as at 9.02am.

Decliners outnumbered advancers 87 to 36, after about 46.4 million securities worth S$58.8 million changed hands. Among the most heavily traded by volume, Singtel rose S$0.03 or 1.1 per cent to S$2.80, with 2.6 million shares traded, while Yangzijiang Shipbuilding gained S$0.01 or 1 per cent to S$1.03, with 1.5 million shares traded.

The trio of banking stocks were mixed in the early session of trading. DBS lost S$0.17 or 0.9 per cent to S$18.93, United Overseas Bank fell S$0.09 or 0.5 per cent to S$19.82, while OCBC Bank gained S$0.02 or 0.2 per cent to S$8.81. Other active index securities included CapitaLand Mall Trust which shed S$0.05 or 2.7 per cent to S$1.82, while Biolidics rose 4.5 Singapore cents or 11.8 per cent to 42.5 cents.

 

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