Singapore shares were flat at the close on Thursday (Oct 20), while most regional markets ended lower as inflation worries continue to weigh on investors.
The Straits Times Index (STI) ended down 0.1 point to 3,022.7. Gainers outnumbered losers 266 to 257, with 1.6 billion securities worth S$1.1 billion changing hands.
The trio of local banks saw mixed trading on Thursday, with DBS : D05 -0.49% falling 0.5 per cent to S$32.69 and UOB : U11 -0.42% losing 0.4 per cent to S$26.16. OCBC : O39 0% was flat at S$11.64.
Meanwhile, the top gainer on the STI was Yangzijiang Shipbuilding : BS6 +6.14%, which gained 6.1 per cent to S$1.21 at the close. Some 137 million shares worth S$166 million changed hands, making it one of the top traded counters by volume on Thursday.
Genting Singapore : G13 +1.94% also saw active trading, with 54.1 million shares worth S$43.2 million changing hands. The counter was up 1.9 per cent at S$0.79.
On Thursday, hospitality group Las Vegas Sands said Marina Bay Sands’ net revenue contribution more than trebled for the quarter ended Sep 30, on the back of tourism recovery in Singapore.
