Singapore stocks edge lower as tariff concerns weigh on investor sentiment; STI down 0.1%

Quick Summary:

Gainers outpaced losers 265 to 215 on trade of 957.4 million securities worth $1.1 billion on the broader market.

SINGAPORE – Local shares dipped on Nov 27, mirroring a mixed regional performance as investors digest the threat of US President-elect Donald Trump’s tariffs.

The local banks ended the day mixed.DBS rose 0.3 per cent to $41.85, UOB was down 0.1 per cent at $36.33 and OCBC fell 0.1 per cent to $16.08.

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Article Details

Category: EconomyBusiness

Markets: SingaporeAustraliaChinaHong KongJapanSouth KoreaMalaysia

Topics: Concerns Investor Tariff Stocks Sentiment Singapore Cent Fell Weigh Edge Lower

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 19:14:33 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 524 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © The Straits Times

News ID: 23905630

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

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