STI Down 0.1%, S’pore Stocks Fall Amid Mixed Regional Trading

Singapore stocks ended lower on Wednesday (Oct 19), amid mixed trading in the region. The Straits Times Index (STI) lost 0.1 per cent or 3.08 points to close at 3,022.8.

Losers outnumbered gainers 315 to 209, after 964 million securities worth S$856.5 million changed hands.

Yangzijiang Shipbuilding was the top-traded counter by volume, with 35.4 million shares worth S$40.2 million traded. The counter fell 1.7 per cent to S$1.14 at the close, The Business Times cited.

The top gainer on the STI was ST Engineering. The counter rose 2.8 per cent to end at S$3.26, with 8.1 million shares worth S$26.5 million changing hands.

The trio of local banks were up on Wednesday. DBS gained 1.1 per cent to S$32.85, OCBC rose 0.4 per cent to S$11.64, and UOB was up 0.04 per cent at S$26.27.

Elsewhere in Asia, key indices were mixed. The FTSE Bursa Malaysia KLCI Index gained 1.1 per cent; the Nikkei 225 Index was up 0.4 per cent. The Hang Seng Index lost 2.4 per cent, and the SSE Composite Index was down 1.2 per cent.

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