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Singapore stocks retreated as trading began on Thursday—STI dropped by 0.3% Singapore News

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Singapore stocks retreated as trading began on Thursday following a mixed performance in global markets the night before. The Straits Times Index dropped by 0.3%, or 12.62 points, landing at 3,707.

72 by 9:02 am, as reported by The Business Times.

HS Optimus Holdings, a door manufacturer and distributor, led in trading volume. The company’s shares fell sharply by 50%, dropping S$0.001 to settle at S$0.001, with 30 million shares exchanged. Seafood supplier Oceanus Group also saw a decrease of 14.3%, or S$0.001, reaching S$0.006. Meanwhile, property developer Yanlord Land managed to buck the trend, gaining 7.8%, or S$0.055, to close at S$0.76.

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