Singapore stocks fall after Wall Street sell-off; STI down 0.3%

Quick Summary:

STI was down 0.3 per cent or 12.15 points at 3,732.55.

It also expects the valuation uplift to be broad-based across stocks and sectors, but skewed towards incumbent larger-cap index stocks that already attract some level of institutional investor interest in the near term.

The trio of local banks ended the day mixed.DBS Bank fell 1.3 per cent or 54 cents to $42.40, OCBC ended flat at $16.44, and UOB rose 0.3 per cent or 11 cents to $36.48.

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Article Details

Category: EconomyBusiness

Markets: SingaporeHong KongJapanSouth Korea

Topics: Street Wall Stocks Market Singapore Fall Cents Ended Index Cent Sell-off

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 18:40:00 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 545 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23656211

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

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