News Formal

Singapore stocks fall as economy slumps into recession; STI opens 0.5% lower

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

SINGAPORE shares pulled back at Tuesday's open, with the benchmark Straits Times Index (STI) losing 13.18 points or 0.5 per cent to 2,617.90 as at 9.02am. Read more at The Business Times.

Banking stocks were in the red in the early session. DBS shed S$0.15 or 0.7 per cent to S$21.39, United Overseas Bank lost S$0.25 or 1.2 per cent to S$20.59, while OCBC Bank slipped S$0.03 or 0.3 per cent to S$9.16.

Other active counters included Medtecs International which tumbled S$0.07 or 10.3 per cent to S$0.61, and UG Healthcare which dropped S$0.15 or 8.5 per cent to S$1.61. Shares of the two Catalist-listed healthcare players sank on Monday,Singapore Press Holdings fell S$0.02 or 1.6 per cent to S$1.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Singapore stocks advance at Monday's open; STI up 0.5%SINGAPORE shares rose when trading began at the start of the week, with the key Straits Times Index gaining 12.85 points or 0.5 per cent to 2,665.50 as at 9am. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »